Toshiba manufacturing produces and sells CD players. The selling price for a CD player is $100. Total

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Toshiba manufacturing produces and sells CD players. The selling price for a CD player is $100. Total operating expenses for the past 12 months are as follows.

Month Unit Sold Cost($)

January 135 10767

February 145 13799

March 150 12457

April 160 12650

May 165 13765

June 140 11240

July 145 12065

August 125 10820

September 120 11110

October 135 11420

November 145 11670

December 140 11576

1. Using the high-low method, what is the variable cost per unit?

2. Based on your answer from question #1, how much is fixed costs, and what is the cost function?

3. According to your estimated cost function from question #2, what is the break- even point of sales?

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Managerial Accounting

ISBN: 978-0470578797

4th edition

Authors: James Jiambalvo

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Posted Date: Feb 24, 2024 09:17 AM

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Toshiba manufacturing produces and sells CD players. The selling price for a CD player is $100. Total

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To calculate the variable cost per unit using the highlow method we need to identify the highest and ... View the full answer

Managerial Accounting

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