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High-Low Method The manufacturing costs of Rosenthal Industries for the first three months of the year follow: Total Costs Production January $311,040 1,600 units February
High-Low Method
The manufacturing costs of Rosenthal Industries for the first three months of the year follow:
| Total Costs | Production | |||
| January | $311,040 | 1,600 | units | |
| February | 333,850 | 3,460 | ||
| March | 483,840 | 4,800 | ||
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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Investment Banking Explained An Insides Guide To The Industry
Authors: Michel Fleuriet
2nd Edition
1260135640, 978-1260135640
