What was Carter Co.'s variable cost of E?A) $140B) $70C) $64D) $60

Question

What was Carter Co.'s variable cost of E?A)  $140B)  $70C)  $64D)  $60

Kavianna Smith · Accepted Answer

Final Answer : C, Explanation :  Using the high-low method, we can calculate the variable cost per unit (E) as follows:Variable cost per unit = (Total cost at highest activity level - Total cost at lowest activity level) / (Highest activity level - Lowest activity level)Variable cost per unit = ($2,832 - $1,920) / (48 - 30) = $64Therefore, the variable cost of E for Carter Co. is $64.

What was Carter Co.'s variable cost of E?

A) $140
B) $70
C) $64
D) $60

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