Question: The manufacturing cost of Calico Industries for three months of the year are provided below:

Month April: Total Cost: $120,000 Production (units): $280,000

Month May: Total Cost: $74,000 Production (units): $165,000

Month June: Total Cost: $90,900 Production (units): $230,000

Using the high-low method, the variable cost per unit and the total fixed costs are

a. $4.00 per unit and $800

b. $0.40 per unit and $8,000

c. $7.80 per unit and $4,000

d. $0.78 per unit and $4,000