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Silver Products has presented the following information for the past eight months operations: Month April May June July August September October November Units Total Cost
Silver Products has presented the following information for the past eight months operations: Month April May June July August September October November Units Total Cost 8,900 $ 29,200 7,300 $ 27,600 4,700 $ 20,100 6,500 $ 25,000 7,900 $ 27,800 9,300 $36, 430 8,700 $ 28,300 7,700 $ 27,500 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 5,900 units produced? (Do not round intermediate calculations.) Total Costs
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