Question: =+Using the high-low method, determine (a) the variable cost per unit and (b) the total fixed cost. The manufacturing costs of Sige Enterprises for the

=+Using the high-low method, determine

(a) the variable cost per unit and

(b) the total fixed cost.

The manufacturing costs of Sige Enterprises for the first three months of the year are provided below.

Total Costs Production January $150,000 1,500 units February 200,000 2,500 March 180,000 2,000 Using the high-low method, determine

(a) the variable cost per unit and

(b) the total fixed cost.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Public Accounting Questions!

Q:

1. The manufacturing cost of Lancer Industries for three months of the year are provided below: Total Cost Production $63,100 80,920 1200 Units 1,800 400 Ma Using the high-low method, determine the...

Q:

The manufacturing costs of Ackerman Industries for the first three months of the year follow: Total Costs Units Produced January $147,160 2,300 units February 133,920 1,200 March 208,320 3,600 Using...

Q:

The manufacturing costs of Rosenthal Industries for the first three months of the year follow: Total Costs Production January $302,400 2,310 units February 324,580 4,760 March 470,400 6,510 Using the...

Q:

The manufacturing costs of Schroeder Industries for the first three months of the year follow: Using the high-low method, determine (a) the variable cost per unit and (b) the total fixed cost. a....

Q:

1.High-Low Method The manufacturing costs of Ackerman Industries for the first three months of the year follow: Total Costs Units Produced January $1,900,000 20,000 units February 2,250,000 27,000...

Q:

The manufacturing costs of Barretto Enterprises for three months of the year follow: Total Costs Units Produced 3,100 units 6,600 4,800 July $495,000 August 551,000 September 535,000 Using the...

Q:

The manufacturing costs of Ackerman Industries for the first three months of the year follow: Total Costs Units Produced January $60,280 1,440 units February 56,160 845 March 87,360 2,145 Using the...

Q:

The manufacturing costs of Schroeder Industries for the first three months of the year follow: Units Produced January February March Total Costs $369,360 538,030 574,560 2,340 units 4,140 5,940 Using...

Q:

The manufacturing costs of Schroeder Industries for the first three months of the year follow: Units Produced 845 units Total Costs January February March $60,840 68,410 94,640 Using the high-low...

Q:

The manufactoring costs of Schroeder Industries for the first three months of the year follow: Using the high-low method, determine (a) the variable cost per unit and (b) the total fixed cost. THANK...

Q:

The October 31 bank statement of Wollastons Healthcare has just arrived from State Bank. To prepare the bank reconciliation, you gather the following data: a. The October 31 bank balance is $5,580....

Q:

Solve the equation using the method of uncertain coefficients. -5 +6y=2t-t+3; y(0) = 1, dt -(0)=2

Q:

One of the simplest and probably the most widely used small business accounting software package is Intuit's Quickbooks. True False Clear selection

Q:

Describe the formation of included phloem. How did the included phloem of Iresine in Figure 8-30A become surrounded by xylem? Figure 8-30A Included phloem Y (Of 8.1. (A) Produced by the same cambium...

Q:

Coast to Coast Surfboards Inc. manufactures and sells two styles of surfboards, Atlantic Wave and Pacific Pounder. These surfboards are sold in two regions, East and West. Information about the two...

Q:

Coast to Coast Surfboards Inc. manufactures and sells two styles of surfboards, Atlantic Wave and Pacific Pounder. These surfboards are sold in two regions, East and West. Information about the two...

Q:

Coast to Coast Surfboards Inc. manufactures and sells two styles of surfboards, Atlantic Wave and Pacific Pounder. These surfboards are sold in two regions, East and West. Information about the two...

Q:

Hi-Tek Manufacturing, Incorporated, makes two types of industrial component parts-the B300 and the T500. An absorption costing income statement for the most recent period is shown: Hi-Tek...

Q:

Topic 27 Merchandising Activities Below are transactions between Shoes & co, a wholesaler of shoes and Shoe love, a chain of retail shoe stores. Nov. 3 Nov. 5 Nov. 12 Both companies use a perpetual...

Q:

You started the year with a beginning balance in Rent Payable of $1,000. You paid 14 months' rent of $14,000. Record the journal entry. bing on