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Calculate the estimated variable cost of sales per unit

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Reference no: EM132069498

Question - The following information is available for a company's cost of sales over the last five months.

Month

Units sold

Cost of sales

January

400

$31,000

February

800

$37,000

March

1,600

$49,000

April

2,400

$61,000

Using the high-low method, the estimated variable cost of sales per unit sold is:

$25.42

$77.50

$34.23

$15.00

$30.62

Reference no: EM132069498

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