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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.image text in transcribed

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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