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Silver Products has presented the following information for the past eight months operations: Month Units Total Cost 8,200 $27,800 April May 6,600 $26,200 June
Silver Products has presented the following information for the past eight months operations: Month Units Total Cost 8,200 $27,800 April May 6,600 $26,200 June 4,000 $18,700 July 5,800 $23,600 August 7,200 $26,400 September 8.600 $31,810 October 8,000 $26,900 November 7,000 $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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