Question
The manufacturing cost of Mocha Industries for three months of the year are provided below: Total Cost Production April $92,388 2,440 Units May 99,934 3,420
The manufacturing cost of Mocha Industries for three months of the year are provided below:
| Total Cost | Production | |
| April | $92,388 | 2,440 Units |
| May | 99,934 | 3,420 Units |
| June | 111,715 | 4,950 Units |
(a) Using the high-low method, determine the variable cost per unit. Round your answers to two decimal places. $ per unit
(b) Using the high-low method, determine total fixed costs. $
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Artificial Intelligence For Audit Forensic Accounting And Valuation A Strategic Perspective
Authors: Al Naqvi
1st Edition
1119601886, 978-1119601883
