The manufacturing costs of Erin Industries for three months of the year are provided below. Total...

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The manufacturing costs of Erin Industries for three months of the year are provided below. Total Costs Production $191,270 2,720 units 170,100 1,485 264,600 4,185 Using the high-low method, determine (a) the variable cost per unit and (b) the total fixed cost. Round all answers to the nearest whole dollar. X a. Variable cost per unit b. Total fixed cost January February March Feedback Check My Work a. Divide the difference between the highest and lowest total costs by the difference between the highest and lowest production units b. Multiply the variable unit cost by the number of units for a month. Subtract this variable cost from the month's total cost to arrive at the total fixed cost. The resulting amount should be the same for e the highest or lowest production month Learning Objective 1. The manufacturing costs of Erin Industries for three months of the year are provided below. Total Costs Production $191,270 2,720 units 170,100 1,485 264,600 4,185 Using the high-low method, determine (a) the variable cost per unit and (b) the total fixed cost. Round all answers to the nearest whole dollar. X a. Variable cost per unit b. Total fixed cost January February March Feedback Check My Work a. Divide the difference between the highest and lowest total costs by the difference between the highest and lowest production units b. Multiply the variable unit cost by the number of units for a month. Subtract this variable cost from the month's total cost to arrive at the total fixed cost. The resulting amount should be the same for e the highest or lowest production month Learning Objective 1.

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a Variable cost per unit Highest total cost month is March at 264600 Lo... View the full answer