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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 $173,880 1,155 units February
High-Low Method
The manufacturing costs of Rosenthal Industries for the first three months of the year follow:
Total Costs | Production | |||
January | $173,880 | 1,155 | units | |
February | 186,630 | 2,120 | ||
March | 270,480 | 3,255 |
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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