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Katy Lou products has presented the following information for the past eight months operations: 1. Using the high-low method, calculate the variable cost per unit.
Katy Lou products has presented the following information for the past eight months operations:
1. Using the high-low method, calculate the variable cost per unit.
2. Using the high-low method, calculate the fixed cost per month..
3. What would total costs be for a month with 5,000 units produced?
Month April May June July August September October November Units 8,000 6,400 3,800 5,600 7,000 8,400 7,800 6,800 Total Cost $30,400 $25,800 $18,300 $23,200 $26,000 $29,800 $26,500 $25,700
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