Sheridan Corp. has collected the following data concerning its maintenance costs for the past 6 months....
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Sheridan Corp. has collected the following data concerning its maintenance costs for the past 6 months. July August September October November December (a1) Units Produced 19,730 35,072 39,456 24,112 43,840 41,648 Total Cost $38,254 Variable cost per unit $ 52,608 60,280 41,648 81,652 67,952 Compute the variable cost per unit using the high-low method. (Round answer to 2 decimal places, e.g. 2.25.) (22) Compute the fixed cost elements using the high-low method. Fixed costs $ Sheridan Corp. has collected the following data concerning its maintenance costs for the past 6 months. July August September October November December (a1) Units Produced 19,730 35,072 39,456 24,112 43,840 41,648 Total Cost $38,254 Variable cost per unit $ 52,608 60,280 41,648 81,652 67,952 Compute the variable cost per unit using the high-low method. (Round answer to 2 decimal places, e.g. 2.25.) (22) Compute the fixed cost elements using the high-low method. Fixed costs $
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Related Book For
Financial and Managerial Accounting
ISBN: 978-0538480895
11th Edition
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
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