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Dahlia Fresh involves in selling pineapples di Bandar Damai. The utility costs incurred include delivery cost, fruits grading cost and other costs. The followings are data regarding the cost and weights of the pineapples prepared for the year 2020:
Month Utility cost (RM) Pineapples (kg)
August 18,300 9,010
September 19,700 9,100
October 14,200 8,000
November 19,500 8,200
December 14,100 8,500
Question 1: Based on the above information, you are required to use the High-Low method to determine the followings:
i) variable cost per unit;
ii) fixed cost;
iii) cost function; and
iv) utility cost incurred if the weight of pineapples is 11,000 kg.
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