High-Low Method

The manufacturing costs of Buckley Industries for three months of the year are provided below. Using the high-low method, determine

(a) the variable cost per unit and

(b) the total fixed cost.

a. Variable cost per unit $

b. Total fixed cost

High Low Method The manufacturing costs of Buckley Industries for three months of the year are provided below. Total Costs Units Produced $240,000 10,000 units January February 546,000 26,000 March 700,000 30,000 Using the high-low method, determine (a) the variable cost per unit and (b) the total fixed cost. a. Variable cost per unit b. Total fixed cost