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Need the fixed cost. Garfield Company manufactures a popular brand of dog repellant known as Dog Gone It, which it sells in gallon-size bottles with
Need the fixed cost. Garfield Company manufactures a popular brand of dog repellant known as Dog Gone It, which it sells in gallon-size bottles with a spray attachment. The majority of Garfield's business comes from orders placed by homeowners who are trying to keep neighborhood dogs out of their yards. Garfield's operating information for the first six months of the year follows: Number of Operating Month Bottles Sold Cost January 1,060 $10,770 February 1,460 15,670 March 1,850 15,920 April 2,420 19,540 May 3,420 27,820 3,800 34,820 June Required: 3. Using the high-low method, calculate Garfield's total fixed operating costs and variable operating cost per bottle. (Do not round your intermediate calculations. Round your variable cost per unit answer to 2 decimal places and fixed cost answer to the nearest whole number.) Answer is complete but not entirely correct. 8.78 Variable Cost per Unit Fixed Cost s 1,456
Need the fixed cost.
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