Calico Industries' manufacturing cost for three months of the year is given below: Total cost production units)
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Question:
Calico Industries' manufacturing cost for three months of the year is given below:
Total cost | production units) | |
April | $ 114,300 | 284,900 |
May | 87,100 | 168,100 |
June | 95,300 | 245,200 |
Using the high-low method, what are the variable cost per unit and the total fixed costs?
Related Book For
Financial and Managerial Accounting Using Excel for Success
ISBN: 978-1111993979
1st edition
Authors: James Reeve, Carl S. Warren, Jonathan Duchac
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