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Cost Analysis and Break-even Calculations: A Study of Variable and Fixed Costs

This assignment solution explores cost analysis and break-even calculations in financial decision-making.

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Cost Analysis and Break-even Calculations: A Study of Variable and FixedCostsHomework helpQuestion 1(1 point)Thomas Train has collected the following information over the last six months.MonthUnits producedTotal costsMarch10,000$25,600April12,00026,200May18,60027,600June13,00026,450July12,00026,000August15,00026,500Using the high-low method, what is the variable cost per unit?Your Answer:Question 1 options:($27,600-$25,600) / (18,000-10,000) units = $2,000 / 8,000 units = $0.25 per unit Variable cost$0.25AnswerSaveQuestion 2(1 point)Rooter's Cleaning Services provided data concerning the costs incurred to clean hotel rooms for which hotelcustomers pay $150 per night.Data for the past 7 months are as follows:JanuaryFebruaryMarchAprilMayJuneJulyNumber of rooms cleaned250160200150270170260Cleaning cost$6,450$4,060$5,100$4,100$6,880$4,200$6,530How much are estimated monthly variable costsusing the high-low method?

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