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8 years ago
The highest value of total cost was $70,000 in June for Fargo Beverages, Inc. Its lowest value of total cost was $52,000 in December. The company makes a single product. The production volume in June and December were 13,000 and 7,000 units, respectively. What is the variable cost per month? (Round your answer to the nearest cent.)
A) $11.67 per unit
B) $3.00 per unit
C) $2.57 per unit
D) $1.38 per unit
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Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
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