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Silver Products has presented the following information for the past eight months operations: Month April Units 8,050 Total Cost $ 27,500 May 6,450 $
Silver Products has presented the following information for the past eight months operations: Month April Units 8,050 Total Cost $ 27,500 May 6,450 $ 25,900 June 3,850 $ 18,400 July 5,650 $ 23,300 August 7,050 $ 26,100 September 8,450 $ 30,820 October November 7,850 6,850 $ 26,600 $ 25,800 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 5,050 units produced? (Do not round intermediate calculations.) Total Costs
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