The manufacturing costs of Mocha Industries for three months of the year are as follows: Month Total
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Question:
The manufacturing costs of Mocha Industries for three months of the year are as follows:
Month | Total Cost | Production |
---|---|---|
April | $85,288 | 2,340 units |
May | 92,996 | 3,280 units |
June | 105,050 | 4,750 units |
a. Using the high-low method, determine the variable cost per unit. Round your answer to two decimal places.
fill in the blank 1 of 1$ per unit
b. Using the high-low method, determine the total fixed costs.
Related Book For
Managerial Accounting
ISBN: 9781259275814
11th Canadian Edition
Authors: Ray H Garrison, Alan Webb, Theresa Libby
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