Question
High-Low Method The manufacturing costs of Rosenthal Industries for the first three months of the year follow: Total Costs Production January $184,680 2,280 units February
High-Low Method
The manufacturing costs of Rosenthal Industries for the first three months of the year follow:
| Total Costs | Production | |||
| January | $184,680 | 2,280 | units | |
| February | 193,500 | 4,010 | ||
| March | 287,280 | 6,080 | ||
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 1 |
| b. Total fixed cost | $fill in the blank 2 |
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Accounting A Smart Approach
Authors: Mary Carey, Cathy Knowles
4th Edition
0198844808, 9780198844808
