Question
High-Low Method The manufacturing costs of Ackerman Industries for the first three months of the year follow: Total Costs Units Produced January $264,670 3,260 units
High-Low Method
The manufacturing costs of Ackerman Industries for the first three months of the year follow:
| Total Costs | Units Produced | |||
| January | $264,670 | 3,260 | units | |
| February | 178,560 | 1,600 | ||
| March | 277,760 | 4,800 | ||
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 | fill in the blank |
| b. Total fixed cost | fill in the blank |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
AWS Security Cookbook Practical Solutions For Managing Security Policies Monitoring Auditing And Compliance With AWS
Authors: Heartin Kanikathottu
1st Edition
1838826254, 978-1838826253
