Question
High low method The manufacturing costs of Alex industries for three months of the year are provided below. Total costs. Production January. $193,140. 1,450 February.
High low method
The manufacturing costs of Alex industries for three months of the year are provided below.
Total costs. Production
January. $193,140. 1,450
February. 231,980. 2,670
March. 300,440. 4,350
Using the high low method, determine (a) the variable cost per unit and (b) the total fixed cost. Round all answers to the nearest whole dollar.
A. Variable cost per unit. $
B. Total fixed cost. $
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Cases In Auditing
Authors: Josephine Maltby
2nd Edition
1853963127, 978-1853963124
