Business and finance help needed: what is the variable cost per unit?

User Generated

Fcrafre_sna

Business Finance

Description

Thomas Train has collected the following information over the last six months.

MonthUnits producedTotal costs
March10,000$25,600
April12,00026,200
May18,20027,600
June13,00026,450
July12,00026,000
August15,00026,500

Using the high-low method, what is the variable cost per unit?


User generated content is uploaded by users for the purposes of learning and should be used following Studypool's honor code & terms of service.

Explanation & Answer


Anonymous
I was struggling with this subject, and this helped me a ton!

Studypool
4.7
Trustpilot
4.5
Sitejabber
4.4

Related Tags