Question
The manufacturing cost of Mocha Industries for three months of the year are provided below: Total Cost Production April $63,100 1,100 Units May 80,740 1,800
The manufacturing cost of Mocha Industries for three months of the year are provided below:
| Total Cost | Production | |
| April | $63,100 | 1,100 Units |
| May | 80,740 | 1,800 |
| June | 100,900 | 2,600 |
Using the high-low method, determine the (a) variable cost per unit, and (b) the total fixed costs. If required, round your answers to two decimal places.
| a. Variable cost per unit | $ | per unit |
| b. Total fixed costs | $ |
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Be Audit You Can Be
Authors: Awesome Auditor
1st Edition
1659095700, 978-1659095708
