Calculate the variable costs using high-low method

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Reference no: EM132418448

Problem: The company superbikes Inc. has the following total costs structure: 

Sales units: Total cost

10 19,500

16 20,500

38 39,100

20 26,500

26 30,700

41 41,200

33 39,500

22 31,000

Required:

Question 1: Calculate the variable costs using High-low method

Question 2: Calculate the fix costs

Question 3: Write the total costs equation 

Question 4: Plot the costs (paper or excel) and comment if this method is appropriate for the calculation of this cost equation

Reference no: EM132418448

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