INTERMEDIATE ACCOUNTING-W/WILEYPLUS PKG
17th Edition
ISBN: 9781119503590
Author: Kieso
Publisher: WILEY
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Please provide the answer to this general accounting question using the right approach.
Falcon Manufacturing, which uses the high-low method, reported total costs of $12.80 per unit at its lowest production level of 5,000 units. When production tripled to its highest level, the total cost per unit dropped to $7.90. Falcon Manufacturing would estimate its variable cost per unit as:
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