Using the high-low method, the estimated variable cost of sales per unit sold? The following information is

Using the high-low method, the estimated variable cost of sales per unit sold?

 

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The following information is available for a company's cost of sales over the last four months. Month Units Sold Total Costs January 480 $ 34,200 February 880 $ 41,000 March 2,000 $ 53,000 April 2,800 $ 65,000 The following information is available for a company's cost of sales over the last four months. Month Units Sold Total Costs January 480 $ 34,200 February 880 $ 41,000 March 2,000 $ 53,000 April 2,800 $ 65,000

Answer rating: 100% (QA)

To calculate the cost per unit for each month we divide the total costs by the number of units sold ... View the full answer