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cator com/ext/map/index.html W Seved Kirby Fasteners supplies the electronics industry with accessories for cases, disc enclosures, and so on. Below are the costs and volumes
cator com/ext/map/index.html W Seved Kirby Fasteners supplies the electronics industry with accessories for cases, disc enclosures, and so on. Below are the costs and volumes for the past six months at its Plant number 6: Kirby Fasteners Plant Number 6 January to June Results Volume (Units) 11,200 Total Cost $197,900 10,140 188, 795 13,470 223,400 14,000 236,080 12,000 11, 780 215, 555 212,212 Required: a. Use the high-low method to estimate the monthly fixed cost of production and the variable cost of production per unit. b. Kirby analysts forecast a production level of 12,200 units in July. Based on the results from requirement (a), what would be the estimated production costs in July? Complete this question by entering your answers In the tabs below. Required A Required B Use the high-low method to estimate the monthly fixed cost of production and the variable cost of production per unit. Note: Round "Variable cost" answer to 2 decimal places... Variable cost Fixed cost < Required A Required B > estimated pro Complete this question by entering your answers in the tabs below. Required A Required B Kirby analysts forecast a production level of 12,200 units in July. Based on the results from requirement (a), what would be the estimated production costs in July? Note: Round "Variable cost" to 2 decimal places. Production costs
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