Jan-Stones Limited has compiled the 4-month data below:
| Units | Total Costs | |
| May | 1,200 | $39,400 |
| June | 1,600 | $43,200 |
| July | 1,400 | $41,800 |
| August | 1,100 | $37,000 |
Applying the high-low method, answer the following questions:
(i) Calculate the variable cost per unit.
(ii) Calculate the fixed cost portion of the total costs.
(iii) If the company uses 1,800 units in September, how much will the total costs be?
Click on Buy Solution and make payment. All prices shown above are in USD. Payment supported in all currencies. Price shown above includes the solution of all questions mentioned on this page. Please note that our prices are fixed (do not bargain).
After making payment, solution is available instantly.Solution is available either in Word or Excel format unless otherwise specified.
If your question is slightly different from the above question, please contact us at info@myassignmentguru.com with your version of question.