1. Using high-low method (show workings) compute the variable and fixed cost portions for total cost to complete a job (8 marks)

1. Paving supplies has been asked to bid on a job. The job will be 6,200 square meters. What will the total estimated cost of these jobs? (4 marks)

1. The company is considering a 35% markup on all jobs. What price should be charged for the job? ( 4 marks)

1. What is the benefit of using high-low method? What is a potential problem with the method? (3 marks)

1. In your own words explain mixed costs(3 marks)

Paving Supplies provides pavement for commercial lots. Susan Green, the company manager, is concerned about the cost incurred for each job and is concerned the company is not charging enough for each job to make a good retum for company owners. She has assembled the cost information for the past six months Number of Jobs Total cost to complete the jobs. 3,000 $560,600 _ Paragraph V B I U V Lato(Recomm.y V 193)\"... V -r' b. Paving supplies has been asked to bid on a job. The job will be 5,200 square meters. What will the total estimated cost of these 'obs? 4 marks I Add a File Record Audio Record Video