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Calculate what is the variable cost per unit

Problem

Nick's Novelties has collected the following information over the last six months.

Month Units produced Total costs

March 10,000 $25,600

April 12,000 26,200

May 18,000 27,600

June 13,000 26,450

July 12,000 26,000

August 15,000 26,500

Using the high-low method, what is the variable cost per unit?

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Accounting Basics: Calculate what is the variable cost per unit

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Accounting Basics: Calculate what is the variable cost per unit

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