The average cost per unit dropped


Foster, which uses the high-low method, reported an average cost of $24 per unit at its lowest activity level, when production equaled 10,000 units. When production doubled, at its highest activity level, the average cost per unit dropped to $15. Foster would estimate variable cost per unit?

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: The average cost per unit dropped
Reference No:- TGS0706597

Expected delivery within 24 Hours