Question
High-Low Method, The manufacturing costs of Kellam Industries for the first three months of the year follow: Units Produced Total Costs January $239,940 2,365
High-Low Method, The manufacturing costs of Kellam Industries for the first three months of the year follow: Units Produced Total Costs January $239,940 2,365 units February 263,670 4,150 March 373,240 6,665 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 $ $
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Fundamental Accounting Principles
Authors: Larson Kermit, Tilly Jensen
Volume I, 14th Canadian Edition
71051503, 978-1259066511, 1259066517, 978-0071051507
