Accounting 26th Edition by Carl Warren,James Reeve,Jonathan Duchac

Exercise 13

High-low method
The manufacturing of Lightfoot Industries for three months of the year follow:

Using the high-low method, determine (a) the variable cost per unit and (b) the total fixed cost.
High-low method
The manufacturing costs of Carrefour Enterprises for the first three months of the year follow:

Using the high-low method, determine (a) the variable cost per unit and (d) the total fixed cost.