Homework Answers
Variable Cost Per unit = (Highest Activity Cost - Lowest Activity Cost) / (Highest Activity Unit - Lowest Activity Unit0
Variable Cost Per unit =($69850-$38500)/(5850-3000)
Variable Cost Per Unit = 11
Fixed Cost = Total Cost - Variable Cost
Fixed Cost = $69850 - (5850 x $11)
Fixed Cost = $69850 - $64350
Fixed Cost = $5500
Equation will be as below
Total Cost = Y
Hours = X
Y = $5500 + X ($100)
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