The following information is available for a company's cost of sales over the last five months. Month Units sold Cost of sales January 400 February 800 March 1,600 $31,000 $37,000 $49,000 $61,000 April 2,400 What is the estimated variable cost of sales per unit sold using the high-low method?
The following information is available for a company's cost of sales over the last five months. Month Units sold Cost of sales January 400 February 800 March 1,600 $31,000 $37,000 $49,000 $61,000 April 2,400 What is the estimated variable cost of sales per unit sold using the high-low method?
Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter3: Cost Behavior And Cost Forecasting
Section: Chapter Questions
Problem 3DQ: Suppose a company finds that shipping cost is 3,560 each month plus 6.70 per package shipped. What...
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Question
What is the VC of Sales?

Transcribed Image Text:The following information is available for a company's
cost of sales over the last five months.
Month Units sold Cost of sales
January 400
February 800
March
1,600
$31,000
$37,000
$49,000
$61,000
April
2,400
What is the estimated variable cost of sales per unit sold
using the high-low method?
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