Question: Using the high-low method, separate each mixed expense into variable and fixed elements. State the cost formula for each mixed expense. Redo the companys income
Using the high-low method, separate each mixed expense into variable and fixed elements. State the cost formula for each mixed expense.
| Redo the companys income statement at the 5,700-unit level of activity using the contribution format.
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2. Using the high-low method, separate each mixed expense into variable and fixed elements. State the cost formula for each mixed expense. (Enter mixed expenses in the order of company expenses provided under question.) Variable Cost Fixed Cost Formula Shipping expense per unit Y= Salaries and commission expense per unit Y= 3. Redo the company's income statement at the 5,700-unit level of activity using the contribution format. Arnall Ltd Income Statement For the Month Ended June 30 Variable expenses Total variable expenses 0 0 Fixed expenses Total fixed expenses 0 0
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