Question
1 The manufacturing costs of Ackerman Industries for the first three months of the year follow: Total Costs Units Produced January $67,500 825 units February
1
The manufacturing costs of Ackerman Industries for the first three months of the year follow:
| Total Costs | Units Produced | |||
| January | $67,500 | 825 | units | |
| February | 75,900 | 1,700 | ||
| March | 105,000 | 2,325 | ||
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.
| a. Variable cost per unit | $ |
| b. Total fixed cost | $ |
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Accounting For Managers Financial Accounting
Authors: Morusu Sivasankar
1st Edition
6200624909, 978-6200624901
