Given the total cost and activity levels in terms of sales units per each month, identify variable and fixed cost using high-low method.
Statistic Problems Bravo Ltd provides a single standard service. The business’s results for the past two months are as follows: April May Sales (Units) – 2,200 2,800 Sales revenue (£) – 198,000 252,000 Operating profit (£) – 28,000 52,000 … Read more