The following information is available for a company's cost of sales over the last five months. Month Units sold Cost of sales January 380 $30,200 February 780 $36,000 March 1,500 $48,000 April 2,300 $60,000 Using the high-low method, the estimated variable cost of sales per unit sold is

The following information is available for a company's cost of sales over the last five months. Month Units sold Cost of sales January 380 $30,200 February 780 $36,000 March 1,500 $48,000 April 2,300 $60,000 Using the high-low method, the estimated variable cost of sales per unit sold is

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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The following information is available for a company's cost of sales over the last
five months.
Month Units sold Cost of sales
January 380
$30,200
February 780
$36,000
March 1,500
$48,000
April
2,300
$60,000
Using the high-low method, the estimated variable cost of sales per unit sold is

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What is the VC of Sales?
Use table information to answer
Use the high low method & provide answer
Solve this one