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Silver Products has presented the following information for the past eight months operations: Month April Units Total Cost 8,200 $ 27,800 May 6,600 $
Silver Products has presented the following information for the past eight months operations: Month April Units Total Cost 8,200 $ 27,800 May 6,600 $ 26,200 June 4,000 $ 18,700 July 5,800 $ 23,600 August 7,200 $ 26,400 September October November 8,600 $ 31,810 8,000 7,000 $ 26,900 $ 26,100 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 5,200 units produced? (Do not round intermediate calculations.) Total Costs
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