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High-Low Method The manufacturing costs of Erin Industries for three months of the year are provided below. High-Low Method The manufacturing costs of Erin Industries

High-Low Method

The manufacturing costs of Erin Industries for three months of the year are provided below.
High-Low Method The manufacturing costs of Erin Industries for three months of the year are provided below. Total Costs $302,400 470,400 463,680 Production January February March Using the high-low method, determine (a) the variablecost 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 1,950 units 4,950 3,040

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