need help thank you. Question 17 2.5 pts Estimate unit variable cost Total costs Activity volume...

Question

Question

need help thank you.

business accounting

Answer 1

Answer #1

Highest activity cost = $155

Lowest activity cost = $95

Highest activity = 29

Lowest activity = 9

Variable cost per hour= (Highest activity cost - Lowest activity cost)/(Highest activity - Lowest activity)

= (155-95)/(29-9)

= 60/20

= $3 per hour

Estimate unit variable cost = $3 per hour

Third option is correct.

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Answer 2

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