Question: Ivanhoe Corp. has collected the following data concerning its maintenance costs for the past 6 months. Units Produced 18,700 33,344 37.512 22.924 41.680 39.596 Total
Ivanhoe Corp. has collected the following data concerning its maintenance costs for the past 6 months. Units Produced 18,700 33,344 37.512 22.924 41.680 39.596 Total Cost $39,712 50,016 57,310 40,126 77.629 64.604 July August October (a1) Your answer is correct Compute the variable cost per unit using the high- low method. (Round answer to 2 decimal places, e.g. 2.25.) Variable cost per unit 165 Attempts: 1 of 4 used (a2) Compute the fixed cost elements using the high- low method. Fixed costs Attempts: 0 of 4 used Check Answer Send to Gradebook
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