I want to do the homework Acct301

(2 Mark)

Q2 The following data were obtained from the accounting information system of ABC Corporation:
UnitsTotal Cost
MonthProduced
January60SAR1,533.4
February501,300
March802,000
April30833.5
a.Use the data for February and March and the two – point method to determine a cost function.
b.Use the high – low method to determine a cost function.
(2 Mark)

Q3 XYZ Corporation sells its product for $17 per unit.Its variable cost is $10 per unit, and total fixed costs are $800.Assuming next period’s estimated sales are 300, calculate the following amounts:
a.Degree of operating leverage
b.Margin of safety in units
c.Margin of safety in revenues
(1 Mark)