XYZ Ltd wants to determine the cost-volume relationship between its manufacturing overhead and the number of...

 

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XYZ Ltd wants to determine the cost-volume relationship between its manufacturing overhead and the number of units produced. Use the high-low method to determine the variable cost per unit and the total fixed cost Manufacturing Overhead (£) Units 3,040 2,500 3,200 4,200 6,000 5,500 Month January February March April May June Enter the costs below: Variable cost per unit £ (Round the intermediate calculations to two decimal places.) Total fixed cost £ (Round your answer to nearest whole number.) 43,650 45,600 50,832 57,720 70,800 68,160 XYZ Ltd wants to determine the cost-volume relationship between its manufacturing overhead and the number of units produced. Use the high-low method to determine the variable cost per unit and the total fixed cost Manufacturing Overhead (£) Units 3,040 2,500 3,200 4,200 6,000 5,500 Month January February March April May June Enter the costs below: Variable cost per unit £ (Round the intermediate calculations to two decimal places.) Total fixed cost £ (Round your answer to nearest whole number.) 43,650 45,600 50,832 57,720 70,800 68,160

Answer rating: 100% (QA)

SOLUTION High Production Month May 70800 units Manufacturing Overhead 57720 ... View the full answer