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In applying the high low method, what is the unit variable cost? month miles total cost...

In applying the high low method, what is the unit variable cost?

month miles total cost
jan 76k 182k
feb 60k 140k
march 68k 168k
april 90k 200k
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Answer #1

Answer . January month miles = 76000 Total cost = 182.000 - Total cost z 182000 76000 Total cost per mils = 2.39 February monmarch month miles Total cost = 68000 = 168000 Total cost = 168000 68000 Miles - 2,47 Total cost per miles = 2.47 Aprill monthLowest Revalent Feb month = n = 60000 Higher Relavent Aporil month = n2 = 90.000 Total cast Feb month = 4, = 140000 Total cas

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