The manufacturing costs of Kellam Industries for the first three months of the year follow:

$\backslash$table$[[,$Total Costs,Units Produced$],[$January$,$$$2,400,000,10,000$ units$],[$February$,2,950,000,42,000],[$March$,3,200,000,50,000]]$

Using the high$-$low method, determine $($a$)$ the variable cost per unit and $($b$)$ the total fixed cost.

a$.$ Variable cost per unit

b$.$ Total fixed cost

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The manufacturing costs of Kellam Industries for the first three months of the year follow: Total Costs Units Produced 10,000 units 42,000 50,000 $2,400,000 2,950,000 3,200,000 Using the high-low method, determine (a) the variable cost per unit and (b) the total fixed cost. a. Variable cost per unit b. Total fixed cost January February March The manufacturing costs of Kellam Industries for the first three months of the year follow: Total Costs Units Produced 10,000 units 42,000 50,000 $2,400,000 2,950,000 3,200,000 Using the high-low method, determine (a) the variable cost per unit and (b) the total fixed cost. a. Variable cost per unit b. Total fixed cost January February March

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To determine the variable cost per unit and the total fixed cost using the highlow method we need to ... View the full answer