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Ackerman Industries manufacturing costs for the first three months of the year are as follows: total costs Units produced January $1,900,000 20,000 units February 2,250,000
Ackerman Industries manufacturing costs for the first three months of the year are as follows:
| total costs | Units produced | |||
| January | $1,900,000 | 20,000 units | ||
| February | 2,250,000 | 27,000 | ||
| March | 2,400,000 | 30.000 | ||
Using the high-low method, determine
(a) the variable cost per unit
b) the total fixed cost.
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Managerial Accounting
Authors: Karen W. Braun, Wendy M. Tietz
3rd edition
132890542, 978-0132890540
