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13. High-Low Method The manufacturing costs of Rosenthal Industries for the first three months of the year follow: Total Costs Production January $217,620 1,950 units
13. High-Low Method
The manufacturing costs of Rosenthal Industries for the first three months of the year follow:
| Total Costs | Production | |||
| January | $217,620 | 1,950 | units | |
| February | 255,820 | 3,740 | ||
| March | 338,520 | 5,850 | ||
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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Connect For Computer Accounting With Quickbooks Online
Authors: Donna Kay
2nd Edition
1264152272, 9781264152278
