Question
The manufacturing cost of Mocha Industries for three months of the year are provided below: April May June Total Cost $67,256 71,504 78,200 Production
The manufacturing cost of Mocha Industries for three months of the year are provided below: April May June Total Cost $67,256 71,504 78,200 Production 1,480 Units 2,070 Units 3,000 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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Financial Statement Analysis
Authors: K. R. Subramanyam, John Wild
11th edition
78110963, 978-0078110962
