Milktopia, Inc. produces and sells milk flavored bubble gum. Over the last fiv months Milktopia had the following production costs and production volume.. Cost P 6,000 6,659 8,370 8,800 8,050 4. Using the high-low method, what is the fixed cost per month for bubble gum Volume (in cases) Month March April May June 12 14 18 19 July 17 production? a. P 400 b. P 1,200 c. P 4,800 d. P 7,600 5. The variable cost per case is a. P 400 c. P 1,200 d. P 2,800 b. Р 600

Milktopia, Inc. produces and sells milk flavored bubble gum. Over the last fiv months Milktopia had the following production costs and production volume.. Cost P 6,000 6,659 8,370 8,800 8,050 4. Using the high-low method, what is the fixed cost per month for bubble gum Volume (in cases) Month March April May June 12 14 18 19 July 17 production? a. P 400 b. P 1,200 c. P 4,800 d. P 7,600 5. The variable cost per case is a. P 400 c. P 1,200 d. P 2,800 b. Р 600

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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