Question: WILL RATE 100% IF GIVEN SOLUTION Question 6 a) Fixed Costs per unit vary with production levels, while Variable Costs per imit remain the same,

WILL RATE 100% IF GIVEN SOLUTION

 WILL RATE 100% IF GIVEN SOLUTION Question 6 a) Fixed Costs

Question 6 a) Fixed Costs per unit vary with production levels, while Variable Costs per imit remain the same, as production levels rise. Explain this statement using examples to illustrate your answer. b) Distinguish between the Graphic Method and the High-Low Method for estinating variable and fixed manifacturing overhead costs. Which method is most accuate and why? c) A Manufacturing Company has collected the following data on the Selling and Admin expenses and Sales Reveme for the past 12 months: Usng the high-low method, calculate fixed and variable costs. Selling & Sales Admin Date Euro Expenses January February March April May June July August September October November December 35,000 41,000 49,000 50, 100 50,500 48,700 45,000 47,900 46,900 50,000 52,000 52,500 20,500 22,600 25,800 26,800 26,900 25,600 23,700 26,300 23,900 26,400 27,500 28,800

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