Frazier Manufacturing Company collected the following production data for the past month:
Units Produced Total Cost 1,600 $ 66,000 1,300 57,000 1,500 67,500 1,100 49,500
If the high-low method is used, what is the monthly total cost equation?
Question 8
Weatherspoon Company has a product with a selling price per unit of $ 200, the unit variable cost is $ 110, and the total monthly fixed costs are $ 300,000. How much is Weatherspoon‘ s contribution margin ratio?
Question 9
Two costs at Bradshaw Company appear below for specific months of operation.
Month Amount Units Produced Delivery costs September $ 40,000 40,000 October 55,000 60,000