Solution-Find what is the estimated total cost in a month

Find what is the estimated total cost in a month

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Reference no: EM132715593

Noriel Company has collected the following information over the last six months:

Month Units Produced Cost

July 10,000 P 20,000

August 12,000 20,500

September 13,000 20,600

October 14,000 21,000

November 11,000 20,050

December 18,000 21,600

Problem 1: Using the high-low method, what is the variable cost per unit?

a. P .20

b. P 1.20

c. P 1.49

d. P 1.59

Problem 2: Refer to the data for Noriel Company, using the high-low method, what is the total fixed cost?

a. P 4,135

b. P 5,143

c. P 8,000

d. P 18,000

Problem 3: Refer to the data for Noriel Company, using the high-low method, what is the estimated total cost in a month when 14,000 units are produced?

a. P 20,800

b. P 21,000

c. P 24,800

d. P 25,943

Reference no: EM132715593

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Find what is the estimated total cost in a month

Reference no: EM132715593

Reference no: EM132715593

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