Inspection costs at one of Pulley Corporation's factories are listed below: 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:
A) $13.73
B) $10.17
C) $0.10
D) $10.35

Question

Inspection costs at one of Pulley Corporation's factories are listed below:  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:
A) $13.73 
B) $10.17 
C) $0.10 
D) $10.35

Quizplus · Accepted Answer

The Answer of Inspection costs at one of Pulley Corporation's factories are listed below:  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:
A) $13.73 
B) $10.17 
C) $0.10 
D) $10.35

Inspection Costs at One of Pulley Corporation's Factories Are Listed