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Island Enterprises has presented the following information for the past eight months operations: Month April Units Total Cost 4,800 $18,600 May 4,000 $16,500 June 2,200
Island Enterprises has presented the following information for the past eight months operations: Month April Units Total Cost 4,800 $18,600 May 4,000 $16,500 June 2,200 $12,700 July 3,600 $14,800 August 4,300 $17,600 September 5,000 $21,240 October 4,700 $18,100 November 4,200 $17,300 a. Using the high-low method, calculate the fixed cost per month and variable cost per unit. (Round variable cost to 2 decimal places.) Fixed Cost Variable Cost Per Month Per Unit b. What would total costs be for a month with 3,800 units produced? (Do not round your intermediate calculations.) Total Costs
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