Question
The manufacturing cost of Calico Industries for three months of the year are provided below. Total Cost Production (units) April $111,700 275,400 May 90,800 161,800
The manufacturing cost of Calico Industries for three months of the year are provided below.
Total Cost | Production (units) | |
| April | $111,700 | 275,400 |
| May | 90,800 | 161,800 |
| June | 108,100 | 231,200 |
Using the high-low method, calculate the variable cost per unit and the total fixed costs.
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Financial and Managerial Accounting
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
12th edition
978-1133952428, 1285078578, 1133952429, 978-1285078571
