Question: Using the highlow method, the fixed and variable elements of cost for September based on the following information were: Units Cost July 400 1,000 August


Using the high–low method, the fixed and variable elements of cost for September based on the following information were:

Units Cost July 400 £1,000 August 500 £1,200 September 600 £1,400 October 700 £1,600 November 800 £1,800 December 900 £2,000

(A) Fixed cost £200 – Variable cost £200

(B) Fixed cost £1,000 – Variable cost £400

(C) Fixed cost £200 – Variable cost £1,200

(D) Fixed cost £400 – Variable cost £1,000

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