Global Publishers has collected the following data for recent months:
Required:
a Using the high-low method, find variable cost per unit, total fixed costs, and the total cost equation.
b What is the estimated cost for a month in which 19,000 issues are published?

Question

Global Publishers has collected the following data for recent months:
  Required:
a Using the high-low method, find variable cost per unit, total fixed costs, and the total cost equation.
b What is the estimated cost for a month in which 19,000 issues are published?

Quizplus · Accepted Answer

The Answer of Global Publishers has collected the following data for recent months:
  Required:
a Using the high-low method, find variable cost per unit, total fixed costs, and the total cost equation.
b What is the estimated cost for a month in which 19,000 issues are published?

Global Publishers Has Collected the Following Data for Recent Months