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I actually worked it out but it was to no avail. I could not find an answer that matches with any answers above. I tried to use high low method to find out the fixed cost but it was not making sense to me.
The question is:
What are the sales units for all 4 quarters in the year ending 31 december 2014? And why?
Please do comment to my answers. Tell me if im correct and please do not hesitate to rectify me if im wrong. Thanks!
The way i did it
(i)rank them based on contribution per unit
1.product y 2.product x
(ii)rank them by using selling price per unit divided by contribution per unit
1.product x 2. Product y
(Iii)rank them by using contribution per unit divided by materials required for one unit of good
1.product y 2. Product x
