Question: In applying the high-low method, what is the unit variable cost? Month Miles Total Cost January 74000 $ 112000 February 50000 100000 March 64000 108000

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

Month Miles Total Cost
January 74000 $ 112000
February 50000 100000
March 64000 108000
April 90000 150000

$ 1.67.

$ 1.25.

$ 2.00.

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 72000 $112000 February 40000 90000 March 62000 108000 April 90000 150000 $1.67. $1.20. $2.25. Cannot be...

Q:

In applying the high-low method, what is the unit variable cost? Month Miles Total Cost January 80,000 $144,000 February 50,000 120,000 March 70,000 141,000 April 90,000 195,000

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 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:

n applying the high-low method, what is the unit variable cost? Month Miles Total Cost January 80000 $182000 February 60000 160000 March 70000 208000 April 90000 220000 $2.44. $2.00. $2.67. Cannot be...

Q:

In applying the high-low method, what is the unit variable cost? Month Miles Total Cost January 78000 $132000 February 54000 110000 March 68000 128000 April 94000 160000 $1.70. $1.25. $2.04. 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 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 76000 S122000 February 52000 110000 March 66000 118000 April 84000 150000 $1.79. $1.25. $2.12. Cannot...

Q:

Austen Educational Services had budgeted its training service charge at $100 per hour. The company planned to provide 30,000 hours of training services during 2015. By lowering the service charge to...

Q:

Using the Internet, find an article that describes an area where an author believes continuous assurance will be (or would have been) of great value to solve a problem or prevent a problem in the...

Q:

When a corporation decides whether to pay a cash dividend, which of the following is an important consideration? Group of answer choices The balance of paid - in capital in excess of par on the...

Q:

Introduction. The Introduction should be simple and should introduce the Task will be coming in the submission

Q:

What are the main people management issues of this study? How are these related to the resource-based view of the firm?

Q:

The university does not have a formal strategy for diversity management and it has to comply with the current employment laws. But it has introduced a number of initiatives (policies and practices)...

Q:

How does Jobtex s.r.o. (Llc.) adapt HRM practices to those of its international owners and management in Switzerland and at the same time meet local labor needs?