Mathematics, 06.05.2021 16:40 isaiahcannon5709

VARIABLE AND FIXED COST EXERCISE Month Receiving Orders Cost

January 1,000 $ 18,000

February 700 $ 15,000

March 1,500 $ 28,000

April 1,200 $17,000

May 1,300 $ 25,000

June 1,100 $ 21,000

July 1,600 $ 29,000

August 1,400 $24,000

September 1,700 $27,000

October 900 $ 16,000

Based on high low method, please calculate:

1) Variable cost per unit

2) Fixed cost

3) If the company processes 5,500 receiving orders, how much is the cost needed?

Answers: 1

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VARIABLE AND FIXED COST EXERCISE Month Receiving Orders Cost

January 1,000 $ 18,000