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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 8.350 6.750
Silver Products has presented the following information for the past eight months operations Month April May June July August September October November Units 8.350 6.750 4,150 5.950 7,350 8,750 8,150 7,150 Total Cost $28.100 $26.500 $19.000 $23,900 $26.700 $32.800 $27,200 $26 400 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 5,350 units produced? (Do not round intermediate calculations.) Total Costs
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