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Silver Products has presented the following information for the past eight months operations: Month Units Total Cost April 8,100 $27,600 May 6,500 $ 26,000
Silver Products has presented the following information for the past eight months operations: Month Units Total Cost April 8,100 $27,600 May 6,500 $ 26,000 June 3,900 $18,500 July 5,700 August 7,100 $23,400 $26,200 September 8,500 $ 31,150 October November 7,900 6,900 $26,700 $25,900 a. Using the high-low method, calculate the fixed cost per month and variable cost per unit. (Round your variable cost to 2 decimal places.) Fixed Cost Variable Cost Per Month Per Unit b. What would total costs be for a month with 5,100 units produced? (Do not round intermediate calculations.) Total Costs
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