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Platinum Corporation gathered the following data for its maintenance costs: Units produced Total costs 100,000 1,300,000 90,000 1,500,000 106,000 1.750,000 Using high-low method, what is the variable cost per unit? 1. P 28.125 2. P 20.178 3. P 13.17 4. P 15.625 O 1 O 2 O 3

Platinum Corporation gathered the following data for its maintenance costs: Units produced Total costs 100,000 1,300,000 90,000 1,500,000 106,000 1.750,000 Using high-low method, what is the variable cost per unit? 1. P 28.125 2. P 20.178 3. P 13.17 4. P 15.625 O 1 O 2 O 3

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Platinum Corporation gathered the following data for its maintenance costs: Units produced Total costs 100,000 1,300,000 90,000 1,500,000 106,000 1.750,000 Using high-low method, what is the variable cost per unit? 1. P 28.125 2. P 20.178 3. P 13.17 4. P 15.625 О1 O 2 3 O 4
Transcribed Image Text:Platinum Corporation gathered the following data for its maintenance costs: Units produced Total costs 100,000 1,300,000 90,000 1,500,000 106,000 1.750,000 Using high-low method, what is the variable cost per unit? 1. P 28.125 2. P 20.178 3. P 13.17 4. P 15.625 О1 O 2 3 O 4
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