Can Please Help Me: Accounting60 minutes only the given time. Wish you could help me.I will give UPVOTE and GOOD FEEDBACK. Platinum Corporation gathered the following data for its maintenance costs:Units producedTotal costs100,0001,300,00090,0001,500,000106,0001.750,000Using high-low method, what is the variable cost per unit?1. P 28.1252. P 20.1783. P 13.174. P 15.625О1O 23O 4

A high low method is used to differentiate the fixed cost and variable cost.

Answered: Platinum Corporation gathered the…

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 O 1 O 2 O 3