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Crane Corp. has collected the following data concerning its maintenance costs for the past 6 months. Units Produced Total Cost July 19,960 $46,020 August 35,488

Crane Corp. has collected the following data concerning its maintenance costs for the past 6 months.

Units Produced

Total Cost

July 19,960 $46,020
August 35,488 53,232
September 39,924 60,995
October 24,398 48,965
November 44,360 82,620
December 42,142 68,758

Part 1

Compute the variable cost per unit using the high-low method. (Round answer to 2 decimal places, e.g. 2.25.)

Variable cost per unit

$enter the variable cost per unit in dollars rounded to 2 decimal places

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Part 2

Compute the fixed cost elements using the high-low method.

Fixed costs

$enter the fixed costs in dollars

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