The manufacturing cost of Carrie Industries for the first three months of the year are provided below:

	Total Cost	Production
January	93,300	2,300 units
February	115,500	3,100
March	79,500	1,900

Using the high-low method, determine the following: Round to the nearest cent.

a. Variable cost per unit	$	per unit
b. Total fixed costs	$

Answer rating: 100% (QA)

To determine the variable cost per unit and the total fixed costs using the highlow method we need t... View the full answer