Question
High-Low Method The manufacturing costs of Alex Industries for three months of the year are provided below. Total Costs Production January $105,000 2,550 units February
High-Low Method
The manufacturing costs of Alex Industries for three months of the year are provided below.
| Total Costs | Production | |||
| January | $105,000 | 2,550 units | ||
| February | 67,500 | 1,050 | ||
| March | 82,800 | 1,580 | ||
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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The Partnership And Alliances Audit
Authors: David Connell, Peter J. LaPlaca, Kenneth Wexler
1st Edition
1907766065, 978-1907766060
