Question: In applying the high-low method, what is the unit variable cost? Month Miles Total Cost January 90000 $ 202000 February 60000 160000 March 80000 188000

In applying the high-low method, what is the unit variable cost?

Month Miles Total Cost
January 90000 $ 202000
February 60000 160000
March 80000 188000
April 100000 260000

$ 2.60.

$ 2.50.

$ 2.67.

Cannot be determined from the information given.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Q:

In applying the high-low method, what is the unit variable cost? Month Miles Total Cost January 80,000 $192,000 February 50,000 160,000 March 70,000 188,000 April 90,000 260,000 a. $2.88 b. $2.50 c....

Q:

In applying the high-low method, what is the unit variable cost? Month Miles Total Cost January 90000 $222000 February 60000 200000 March 80000 288000 April 100000 300000 $3.00. $2.50. $3.33. Cannot...

Q:

In applying the high-low method, what is the unit variable cost? Month Miles Total Cost January 88000 $192000 February 54000 120000 March 80000 168000 April 94000 200000 $2.13. $2.00. $2.22. Cannot...

Q:

Multiple Choice Question 73 In applying the high-low method, what is the unit variable cost? Month Miles Total Cost January 82000 $162000 February 60000 130000 March 74000 148000 April 92000 190000 O...

Q:

In applying the high-low method, what is the unit variable cost? Month Miles Total Cost January 76000 S122000 February 52000 110000 March 66000 118000 April 84000 150000 $1.79. $1.25. $2.12. Cannot...

Q:

In applying the high-low method, what is the unit variable cost? Month Miles Total Cost January 76000 S122000 February 52000 110000 March 66000 118000 April 84000 150000 $1.79. $1.25. $2.12. Cannot...

Q:

In applying the high-low method, what is the unit variable cost? Month Miles Total Cost January 82,000 $162,000 February 54,000 120,000 March 74,000 158,000 April 94,000 180,000

Q:

In applying the high-low method, what is the unit variable cost? Month Miles Total Cost January 76000 S122000 February 52000 110000 March 66000 118000 April 84000 150000 $1.79. $1.25. $2.12. Cannot...

Q:

In applying the high-low method, what is the unit variable cost? Month Miles Total Cost January 76000 S122000 February 52000 110000 March 66000 118000 April 84000 150000 $1.79. $1.25. $2.12. Cannot...

Q:

Tidwell Industries has the following overhead costs and cost drivers. Direct labor hours are estimated at 100,000 for the year. Activity Cost Pool Cost Driver Est. Overhead Cost Driver Activity...

Q:

Concord Corporation produced 360000 units in 170000 direct labor hours. Production for the period was estimated at 370000 units and 185000 direct labor hours. A flexible budget would compare budgeted...

Q:

For the beam and loading shown, (a) Derive the equations of the shear and bending-moment curves, (b) Draw the shear and bending-moment diagrams, (c) Determine the location and magnitude of the...

Q:

B-6 State the purpose of each of the following functional units in a computer installation: (a) input device, (b) memory unit, (c) central processing unit, and (d) output device.

Q:

Question 1 1 2 . 5 p t s The level of a performers skill is NOT a factor in considering the classification of motor skills. True False Question 1 2 2 . 5 p t s Flexibility is defined as The ability...

Q:

=+5. What are some best practices for networking in the sports industry with social media?

Q:

=+vice president to analyze the social media accounts for Mark Hamill, Daisy Ridley, and Adam Driver for Disney and Star Wars. Conduct a social media audit for each of these actors, discuss three...

Q:

=+1. You have the choice of applying for a specialized position in social media, but the four positions offered are in sports, entertainment, crisis communication, and journalism. Provide a brief...