Tutor profile: Samantha H.
Subject: Corporate Finance
I wanted to apply for one position, but you made me choose 3.
Corporate Finance is a placeholder.
Provide an estimate of variable costs per unit using the high-low method.
First we compare the highest month of production with the lowest month of production. Then we find the difference in the total cost between the two months. We assume the fixed costs must be the same between the two months, and the remainder must be the average variable cost. We divide the total difference in cost by the difference in unit production to find our estimated variable cost per unit
You required me to choose 3 subjects, although I only wanted to choose one.
I chose Business as a placeholder.
needs and Samantha will reply soon.