User Account

All Pages

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

  What effect would the fomc policy have

What effect would the FOMC policy have on the Dollar/Pound exchange rate? Assume that the policy affects the demand for Pounds.

  Reflect on the advantages and disadvantages of these

ratios are used for many purposes performance measurement is one such application. however not all performance measures

  BUACC5932 Corporate Accounting Assignment Problem

BUACC5932 Corporate Accounting Assignment Help and Solution, Federation University, Australia. Describe the core business of the company

  Share net income and loss by granting annual salary

Assume that the partners of Exercise 12-5 agreed to share net income and loss by granting annual salary allowances of $50,000 to Kramer and $40,000 to Knox, 10% interest allowances on their investments, and any remaining balance shared equally.

  Magee company had the following normal account balances

On December 31, 2013, Magee Company had the following normal account balances in its general ledger. Use this information to prepare a trial balance.

  How should governments report the capital projects

Why do some accountants believe that it should offset the year-end inventory balance with a fund balance-non-spendable when no comparable fund balance.

  Land into four lots and sell them at a substantial gain

An individual taxpayer who is not a dealer in real estate plans to subdivide a parcel of land into four lots and sell them at a substantial gain

  What is the contribution margin per kilo

How many kilograms will need to be laundered if the business wants to achieve a profit before tax of $8,640. What is the contribution margin per kilo

  Indicate how this transaction would be reported

During 2010, Simms Company redeemed $2,000,000 of bonds payable for $1,880,000 cash. Indicate how this transaction would be reported on a statement of cash flows, if at all.

  Discuss the key business processes for your client

HA2042 Accounting Information Systems Assignment - System Analysis and Selection, Holmes Institute, Australia. Discuss key business processes for your client

  Discuss how you can use logic-based functions and features

discuss how you can use logic-based functions and features in excel to enhance the decision-making process to make more

  What is the correct amount in its inventory account

On June 1, The Stan still stationary store purchased merchandise inventory with an invoice price of $5000. What is the correct amount in its inventory account

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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