High-Low Method Liberty Inc. has decided to use the high-low method to estimate costs. The data for various levels of production are as follows:
Units Produced Total Costs
100,000 $1,800,000
180,000 2,800,000
300,000 4,300,000
a. Determine the variable cost per unit and the fixed cost. Round variable cost per unit to the nearest cent.
Variable cost per unit $
Fixed cost $
b. Based on part (a), estimate the total cost for 260,000 units of production.
$

Yang corporation starts a foreign subsidiary on january 1 by investing 20,000 rand. yang owns all of the shares of the subsidiary’s common stock. the foreign subsidiary generates 40,000 rand of net income throughout the year and pays no dividends. the rand is the foreign subsidiary’s functional currency. currency exchange rates for 1 rand are as follows: lo 10-3 january $0.25 = 1 rand average for the 0.28 = 1 december 0.31 = 1 in preparing consolidated financial statements, what translation adjustment will yang report at the end of the current year? a. $400 positive (credit). b. $1,000 positive (credit). c. $1,400 positive (credit). d. $2,400 positive (credit). hoyle, joe ben; hoyle, joe ben. advanced accounting (page 513). mcgraw-hill higher education. kindle edition.