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Items 14 to 16 are based on the following information: Pure Foods wishes to analyze the fixed and variable components of the semi-variable costs.
Items 14 to 16 are based on the following information: Pure Foods wishes to analyze the fixed and variable components of the semi-variable costs. The following information is available: Month Units Cost (in _pesos) Month Units Cost (in pesos) January February 1,000 700 P12,000 April 800 P11,000 10,000 May 1,400 18,750 March 1,100 14,000 June 1,200 15,000 14. Using the high-low method, how much is the total fixed cost per month? 15. Using the high-low method, how much is the unit variable cost per month? 16. At an activity level of 900 units, how much is the total mixed cost?
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