The manufacturing cost of Calico Industries for three months of the year are provided below. Total Cost
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Question:
The manufacturing cost of Calico Industries for three months of the year are provided below.
Total Cost | Production (units) | |
April | $111,700 | 275,400 |
May | 90,800 | 161,800 |
June | 108,100 | 231,200 |
Using the high-low method, calculate the variable cost per unit and the total fixed costs.
Related Book For
Financial and Managerial Accounting
ISBN: 978-1285078571
12th edition
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
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