Question
The manufacturing cost of Mocha Industries for three months of the year are provided below: Total Cost Production April $53,450 1,810 Units May 57,050 2,530
The manufacturing cost of Mocha Industries for three months of the year are provided below:
| Total Cost | Production | |
| April | $53,450 | 1,810 Units |
| May | 57,050 | 2,530 Units |
| June | 62,750 | 3,670 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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Oil And Gas Industry IRS Audit Technique Guide
Authors: Internal Revenue Service
1st Edition
1304113434, 978-1304113436
