Jason Inc. shows the following manufacturing costs for the first four months of the year: Manufacturing Costs First Four Months Month Production in Units Total Costs January 2,500 $33,750 February 1,800 $29,900 March 3,000 $36,500 April 2,600 $34,300 Using the high-low method, determine the variable costs per unit.(Round your final answer to two decimal places.) Group of answer choices $13.50 $14.39 $5.50 $12.17
Jason Inc. shows the following manufacturing costs for the first four months of the year: Manufacturing Costs First Four Months Month Production in Units Total Costs January 2,500 $33,750 February 1,800 $29,900 March 3,000 $36,500 April 2,600 $34,300 Using the high-low method, determine the variable costs per unit.(Round your final answer to two decimal places.) Group of answer choices $13.50 $14.39 $5.50 $12.17
Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter2: Basic Managerial Accounting Concepts
Section: Chapter Questions
Problem 39E: Cost Classification Loring Company incurred the following costs last year: Required: 1. Classify...
Related questions
Question
Jason Inc. shows the following
|
Month |
Production in Units | Total Costs |
|---|---|---|
| January | 2,500 | $33,750 |
| February | 1,800 | $29,900 |
| March | 3,000 | $36,500 |
| April | 2,600 | $34,300 |
Using the high-low method, determine the variable costs per unit.
(Round your final answer to two decimal places.)
Group of answer choices
$13.50
$14.39
$5.50
$12.17
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