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Home Q & A Board Other Fields Homework Help Business Accounting
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vikingblood vikingblood
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A year ago

Inspection costs at one of Ratulowski Corporation's factories are listed below:

Units ProducedInspection Costs
April777$ 10,176
May807$ 10,404
June798$ 10,355
July835$ 10,665
August822$ 10,542
September795$ 10,313
October805$ 10,409
November853$ 10,795
December796$ 10,310

Management believes that inspection cost is a mixed cost that depends on units produced.

Using the high-low method, the estimate of the variable component of inspection cost per unit produced is closest to:



▸ $8.14

▸ $7.05

▸ $0.12

▸ $12.89
Textbook 
Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
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jmoline2jmoline2
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A year ago
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