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The manufacturing cost of Lancer Industries for three months of the year are provided below. Using the high-low method, determine the variable cost per unit,

The manufacturing cost of Lancer Industries for three months of the year are provided below.

Using the high-low method, determine the variable cost per unit, and the total fixed costs.
1. The man ufacturing cost of Lancer Industries for three months of the year are provided below: Total Cost Production April May S 63,1001.200 Units ,800 2,400 80,920 100,300 June Using the high-low method, determine the (a) variable cost per unit, and (b) the total fixed costs. ANS: a. b

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