Georgia uses the high-low method of estimating costs, Financial Accounting

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Georgia uses the high-low method of estimating costs

Georgia uses the high-low method of estimating costs. Georgia had total costs of $16,100 at its lowest level of activity, when 5,000 units were sold. When, at its highest level of activity, sales equaled 12,800 units, total costs were $86,300. Georgia would estimate variable cost per unit as

a $9.00

b $6.74

c $5.75

d $3.22

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Financial Accounting: Georgia uses the high-low method of estimating costs

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Financial Accounting: Georgia uses the high-low method of estimating costs

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