Food Service Corp. offers a meal service for commuting college students. In the month of January, 1,800 meals were served at a total cost of $9,000. In February, 1,450 meals were served at a total cost of $7,800, and the total number of meals served for March were 1,200 at a total cost of $6,600. Using the high-low method, the variable cost per unit is $4.00. What is the total fixed cost and the total variable cost for January? a. The total fixed cost is $3,000, and the variable cost is $6,000. b. The total fixed cost is $6,000, and the variable cost is $3,000. c. The total fixed cost is $7,200, and the variable cost is $1,800. d. The total fixed cost is $1,800, and the variable cost is $7,200. The following data relates to Mandarin Company Units in beginning inventory Units produced Units sold ($250 per unit) Variable costs per unit: Direct materials 16,000 13,000 $80 Direct labor 140 Variable overhead 70 Fixed costs: Fixed overhead per unit produced $40 Fixed selling and administrative expenses 140,000 Determine the value of ending inventory under absorption costing. a. $870,000 b. $780,000 c. $660,000 d. $990,000 Mahogany Company manufactures computer keyboards. The total cost of producing 12,000 keyboards is $404,000. The total fixed cost amounts to $140,000. Determine the total cost of manufacturing 27,000 keyboards. a. $734,000 b. $668,000 C. $924,000 d. $594,000