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Silver Products has presented the following information for the past eight months operations: Month April Units Total Cost 8,400 $28,200 May 6,800 $26,600 June
Silver Products has presented the following information for the past eight months operations: Month April Units Total Cost 8,400 $28,200 May 6,800 $26,600 June 4,200 $19,100 July 6,000 $24,000 August 7,400 $26,800 September 8,800 $33,130 October 8,200 $27,300 Help Save & November 7,200 $26,500 a. Using the high-low method, calculate the fixed cost per month and variable cost per unit. (Round your variable decimal places.) Fixed Cost Variable Cost Per Month Per Unit b. What would total costs be for a month with 5,400 units produced? (Do not round intermediate calculations.) Total Costs
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