The production costs of Mocha Industries for the three months of the year are as follows: Total
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Question:
The production costs of Mocha Industries for the three months of the year are as follows:
Total amount | Producing | |
Nisan | $87,432 | 1,820 Pieces |
May | 92.980 | 2.550 Pieces |
June | 101.644 | 3.690 Pieces |
(a) Determine the variable cost per unit using the high-low method.
(b) Determine total fixed costs using the high-low method.
Related Book For
Government and Not for Profit Accounting Concepts and Practices
ISBN: 978-1118983270
7th edition
Authors: Michael Granof, Saleha Khumawala, Thad Calabrese, Daniel Smith
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