Question: 4 Points Question 23 What is the equation that can be used to calculate the unit variable cost using the high-low method? A Variable Cost/Unit

4 Points Question 23 What is the equation that can be used to calculate the unit variable cost using the high-low method? A Variable Cost/Unit = Difference in Total Cost and Production + Difference in Total Cost B Variable Cost/Unit = Difference in Production + Difference in Total Costs Variable Cost/Unit = Difference in Total Cost + Difference in Production Variable Cost/Unit = Average of Highest and Lowest Production + Average of Highest and Lowest Total Cost 2.5 Points Question 24 Estimate unit variable costs and fixed costs using the following information. March Total Costs $180 April Total Costs $190 May Total Costs $260 June Total Costs $280 March Sales Volume 16 units April Sales Volume 12 units May Sales Volume 26 units June Sales Volume 21 units Unit VC = $6/FC = $84 B Unit VC = $57 FC = $130 Unit VC = $8 / FC = $52 D) Unit VC - $5 / FC = $100

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