QUESTION 11 Use the following information for the next three questions concerning the High-Low method: Using the High Low method, compute the following items using the data below. Be sure to show your work below or you may not receive credit. Months Total Cost Units Produced January $888.000 280,000 February 1,350.000 500,000 March 825.000 250,000 April 930,000 300,000 May 720.000 200.000 Question What is the variable cost per unit? a $2.00 b. 52.05 c. $2.10 d. None of the above QUESTION 12 Referring the the previous information, what are the total fixed costs? a $1,350,000 b. $300,000 c. $350,000 d. None of the above QUESTION 13 Referring to the previous information, what would be the estimated total cost if production was 600.000 units? a $1,050.000 b. $1,650.000 c. $1,500,000 d. None of the above QUESTION 14 If projected sales on the sales budget was for 1,000 units to be sold in a particular month, how many units would need to be produced (budgeted for) in the production budget if the beginning inventory was 200 units and the desired ending inventory was 400 units? a. 800 units b. 1.600 units c. 1.200 units d. 400 units QUESTION 15 Given the information below pertaining to the cash budget how much is the ending cash balance for February? January Cash Beginning Balance 53.000 January total cash receipts $20,000 January total cash payments $12,000 February beginning cash balance ??? February total cash receipts $30.000 February total cash payments 58.000 a $31,000 b. $33.000 c. $73,000 d. $11,000