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Thomas Train has collected the following information over the last six months.
Month Units produced Total costs
March 10,000 $25,600
April 12,000 26,200
May 18,600 28,800
June 13,000 26,450
July 12,000 26,000
August 15,000 26,500
Question 1: Using the high-low method, what is the variable cost per unit? Round to two decimal places.
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Short term investments at cost year Accounts and notes receivable year Prepaid expenses and other current assets year
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Using these data from the comparative balance sheet of Sheridan Company, perform horizontal analysis. (If amount and percentage are a decrease)
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