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QUESTION 1 The manufacturing costs of Ike Industries for three months are provided below: June July August Total Costs $ 85,000 135,000 100,000 Production 850

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QUESTION 1 The manufacturing costs of Ike Industries for three months are provided below: June July August Total Costs $ 85,000 135,000 100,000 Production 850 units 1650 units 1000 units 1. Using the high-low method determine the variable cost per unit. A $30 B. $75 C. 562.50 D.545.50 QUESTION 2 The manufacturing costs of Ike industries for three months are provided below: Total Costs Production June $ 85,000 850 units July 135,000 1650 units August 100,000 1000 units 2. Using the high-low method determine the total fixed cost. A $27,250 B. $31,875 C. $20,000 D.550,000

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