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Blossom Corp. has collected the following data concerning its maintenance costs for the past six months: July August Units Produced 17,000 December 32,000 September 36,000
Blossom Corp. has collected the following data concerning its maintenance costs for the past six months: July August Units Produced 17,000 December 32,000 September 36,000 October 22,000 November 40,000 38,000 Variable cost $ eTextbook and Media Total Cost $32,800 Fixed cost $ 48,000 55,000 38,000 Calculate the variable cost per unit using the high-low method. (Round variable cost per unit to 2 decimal places, e.g. 12.25.) 65,000 62.000 per unit Calculate the fixed cost element using the high-low method.
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