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High-Low Method The manufacturing costs of Ackerman Industries for the first three months of the year follow: Total Costs Units Produced January $149,040 3,680 units

High-Low Method

The manufacturing costs of Ackerman Industries for the first three months of the year follow:

Total Costs Units Produced
January $149,040 3,680 units
February 129,600 2,000
March 201,600 6,000

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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