What is the variable cost per unit using the high-low method

Assignment Help Accounting Basics
Reference no: EM132729413

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              19,600                     28,800

June              13,000                    26,450

July              12,000                  26,000

August.        15,000                     26,500

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

Reference no: EM132729413

Questions Cloud

Compute what is total revenue reported by running treadmills : RTI outlets on a stand-alone basis for $1,000. What is the total revenue reported by Running Treadmills in the month of January for this sale?
What are a pcbu and an officer : What are a PCBU and an officer in regard to health and safety legislation?
How would the equity value and the yield on the debt change : How would the equity value and the yield on the debt change if Fethe's managers could use risk management techniques to reduce its volatility to 30%
Describe two benefits of remote work to organizations : Describe two benefits of remote work to organizations, and then describe what you consider to be the top two benefits for employees.
What is the variable cost per unit using the high-low method : Thomas Train has collected the information over the last six months. Using the high-low method, what is the variable cost per unit?
Describe how the committee can work through the dispute : A health and safety committee is involved in a dispute regarding participative arrangements within a workplace.
Acute renal failure considered to be clinical emergency : Why is acute renal failure considered to be a clinical emergency? What is the prognosis for a patient in acute renal failure and how is it treated?
What are the ratings given to likelihood in risk assessment : What are the consequences of a hazard in relation to risk assessment? What are the ratings given to likelihood in risk assessment?
What are BEA new beta and cost of equity : Beckman Engineering and Associates (BEA) is considering a change in its capital structure. What are BEA's new beta and cost of equity if it has 40% debt

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd