Question
The Bernard Company shows the following manufacturing costs for the first six months of the year: Production in Units total costs January 1600 $33,636 February
The Bernard Company shows the following manufacturing costs for the first six months of the year:
Production in Units | total costs | |
January | 1600 | $33,636 |
February | 1,450 | $31,000 |
March | 1770 | $35,436 |
April | 2400 | $43,636 |
Mayo | 2840 | $45,780 |
June | 2850 | $45,900 |
Using the high-low method, calculate total fixed costs.
Step by Step Solution
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Step: 1
To calculate the total fixed costs using the highlow method we need to identify the high and low poi...
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Foundations of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
10th Canadian edition
1259261018, 1259261015, 978-1259024979
