JuicyFruits Sdn. Bhd. involves in processing and packaging fruits at Bandar Segar. The operating costs incurred including
Fantastic news! We've Found the answer you've been seeking!
Question:
JuicyFruits Sdn. Bhd. involves in processing and packaging fruits at Bandar Segar. The operating costs incurred including fruits grading and packaging costs. The following are data on the operating cost and weights of fruits for the last 6 months of 2022:
Month | Fruits (kg) | Operating cost (RM) |
July | 33,500 | 63,460 |
August | 30,000 | 64,200 |
September | 50,200 | 79,200 |
October | 55,000 | 80,450 |
November | 43,200 | 73,440 |
December | 48,500 | 81,700 |
Based on the above information, you are required to use the High-Low method to determine the followings:
a) variable cost per unit;
b) fixed cost;
c) cost function; and
d) operating cost incurred if the weight of fruits is 163,000 kg.
Related Book For
Introduction to Financial Accounting
ISBN: 978-0133251036
11th edition
Authors: Charles Horngren, Gary Sundem, John Elliott, Donna Philbrick
Posted Date: