Question: Solve for the cost line equation using the high-low method: Month Units Produced Total Cost 1 4,500 $38,000 2 11,000 $52,000 3 12,000 $56,000 4

 Solve for the cost line equation using the high-low method: Month

Units Produced Total Cost 1 4,500 $38,000 2 11,000 $52,000 3 12,000

Solve for the cost line equation using the high-low method: Month Units Produced Total Cost 1 4,500 $38,000 2 11,000 $52,000 3 12,000 $56,000 4 5,500 $40,000 5 9.000 $47.000 6 10,500 $52.000 7 7,500 $44.000 18 5,000 $41,000 9 11,500 $52,000 10 6,000 $43,000 Units Produced Total Cost High [Select] [Select Low [Select] [Select] Change 7.500 [Select] Variable Cost Per Unit (Slope) = $ [Select] Total Fixed Cost = $ [ Select] Cost Equation = Y = $ [Select] $ [Select ] Create a contribution format income statement if total fixed cost is $40,000, sales price per unit is $50, variable cost per unit is $30 and the company sold 21,000 units. In Total Per Unit Sales [Select] [Select] Variable Expenses [ Select ] [ Select] Contribution Margin [Select] [Select] Fixed Expenses Select] Net Operating Income [Select]

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