Question: Which is the most accurate method used to separate mixed cost to its components: a. All methods are the same b. Least square regression Method

Which is the most accurate method used to separate mixed cost to its components:

a. All methods are the same

b. Least square regression Method

c. Scatter Graph Method

d. High low Method

Janet sells a product for $6.25. The variable costs are $3.75. Janet's break-even units are 35,000. What is the amount of fixed costs?

a. $ 87,500

b. $104,750

c. $131,250

d. $ 35,000

Please please, I don't have enough time to help me

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!