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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$468,000 2,800unitsFebruary526,240 4,700 March728,000 6,800

High-Low Method

The manufacturing costs of Rosenthal Industries for the first three months of the year follow:
Total CostsProductionJanuary$468,000 2,800unitsFebruary526,240 4,700 March728,000 6,800
Using the high-low method, determine (a) the variable cost per unit and (b) the total fixed cost.
a. Variable cost per unit$fill in the blank 1b. Total fixed cost$fill in the blank 2

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