Solution-Calculate the variable cost per unit

Calculate the variable cost per unit

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Question - You have been asked to predict the first quarter of cost for water and sewage based on the past 12 months of activity. Based on the following 12 months of Information, You know the electric cost is both fixed and variable. Using the High Low Method, answer the questions below:

Month	Gallons Used	Cost
January	2,500	775.0
February	2,200	754.0
March	2,100	747.0
April	2,100	726.0
May	2,600	782.0
June	2,700	789.0
July	2,900	803.0
August	3,100	817.0
September	2,800	796.0
October	2,500	775.0
November	2,200	754.0
December	2,000	740.0

Required - Using the High/Low method, calculate the variable cost per unit.

Reference no: EM132907971

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Calculate the variable cost per unit

Reference no: EM132907971

Reference no: EM132907971

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