Question
Silver Products has presented the following information for the past eight months operations: Month Units Total Costs April 8,000 P50,400 May 6,400 45,500 June 4,000
Silver Products has presented the following information for the past eight months operations:
Month Units Total Costs
April 8,000 P50,400
May 6,400 45,500
June 4,000 39,600
July 5,600 43,500
August 7,000 47,000
September 8,200 50,100
October 7,800 49,000
November 6,800 46,600
Requirements:
- Using the high-low method, calculate the fixed cost per month and variable cost per unit.
- What would total costs be for a month with 5,400 units produced?
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Accounting Tools for business decision making
Authors: kimmel, weygandt, kieso
4th Edition
978-0470117262, 9780470534786, 470117265, 470534788, 978-0470095461
