Question: please answer within 15 mins Saved Silver Products has presented the following information for the past eight months operations: Month April May June July August

please answer within 15 mins

Saved Silver Products has presented the following information for the past eight months operations: Month April May June July August September October November Units 8,750 7,150 4,550 6,350 7,750 9,150 8,550 7.550 Total Cost $ 28,900 $ 27, 300 $ 19,800 $ 24,700 $ 27,500 $ 35,440 $ 28,000 $ 27,200 52 a. Using the high-low method, calculate the fixed cost per month and variable cost per unit. (Round your variable cost to 2 decimal places.) Fixed Cost Variable Cost Per Month Per Unit b. What would total costs be for a month with 5,750 units produced? (Do not round intermediate calculations.) Total Costs

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 Accounting Questions!

Silver Products has presented the following information for the past eight months operations: Month April May June July August September October November Units Total Cost 8,900 $ 29,200 7,300 $...

Silver Products has presented the following information for the past eight months operations: Month April May June July August September October November Units Total Cost 8,100 $ 27,600 6,500 $...

Silver Products has presented the following information for the past eight months operations Month April May June July August September October November Units 8.350 6.750 4,150 5.950 7,350 8,750...

Silver Products has presented the following information for the past eight months operations: Month Units Total Cost April 8,000 $ 30,400 May 6,400 $ 25,800 June 3,800 $ 18,300 July 5,600 $ 23,200...

Silver Products has presented the following information for the past eight months operations: Month Units Total Cost April 8,800 $ 29,000 May 7,200 $ 27,400 June 4,600 $ 19,900 July 6,400 $ 24,800...

Silver Products has presented the following information for the past eight months operations: Month Units Total Cost April 8,400 $ 28,200 May 6,800 $ 26,600 June 4,200 $ 19,100 July 6,000 $ 24,000...

Silver Products has presented the following information for the past eight months operations: Month Units Total Costs April 8,000 P50,400 May 6,400 45,500 June 4,000 39,600 July 5,600 43,500 August...

Silver Products has presented the following information for the past eight months operations: Month Units Total Cost April 8,700 $ 28,800 May 7,100 $ 27,200 June 4,500 $ 19,700 July 6,300 $ 24,600...

Silver Products has presented the following information for the past eight months operations: Month Units Total Cost April 8,450 $ 28,300 May 6,850 $ 26,700 June 4,250 $ 19,200 July 6,050 $ 24,100...

Silver Products has presented the following information for the past eight months operations: Month pril May June Units Total Cost 29,000 27,400 19,900 24,800 $ 27,600 $ 35,770 $ 28,100 $ 27,300...

A classmate says, "A weak-field ligand usually means the complex is high spin." Is your classmate correct? Explain.

Mary's risk aversion is 1.4. What percent of her savings should she invest in a portfolio with E(r)=13% and standard deviation of 20%. If the risk free rate to invest in is 4.7% and the rate at which...

10. Draw a graph for the standard normal distribution. Label the horizontal axis at values of 3, 2, 1, 0, 1, 2, and 3. Then use the table of probabilities for the standard normal distribution inside...

give rationale why mann whitney test best statistical test for this case : Do significant differences exist between husbands and wives regarding holiday depression? There is an ordinal measure of...

(Appendices) Explain how the Federal Reserve Bank affects the money supply in the United States. How do the Feds actions, including setting reserve requirements and controlling discount rates, speed...

(Appendices) A CLASSIFIED INCOME STATEMENT FOR A MERCHANDISING BUSINESS. For each of the cases presented below, compute the missing amounts: LO8

(Appendices) UNCOLLECTIBLE ACCOUNT EXPENSE: AGING METHOD. Cindy Bagnal, the manager of Cayce Printing Service, has provided you with the following aging schedule for Cayces accounts receivable: Cindy...