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***PLEASE ANSWER A2*** Sunland Corp. has collected the following data concerning its maintenance costs for the past 6 months. Units Produced Total Cost July 18,060
***PLEASE ANSWER A2***
Sunland Corp. has collected the following data concerning its maintenance costs for the past 6 months.
Units Produced | Total Cost | |||||||
July | 18,060 | $33,913 | ||||||
August | 32,096 | 48,144 | ||||||
September | 36,108 | 55,165 | ||||||
October | 22,066 | 38,114 | ||||||
November | 40,120 | 74,724 | ||||||
December | 38,114 | 62,186 |
(a1)
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Compute the variable cost per unit using the high-low method. (Round answer to 2 decimal places, e.g. 2.25.)
Variable cost per unit | $ |
1.85
(a2)
Compute the fixed cost elements using the high-low method.
Fixed costs | $ |
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