Question
The manufacturing costs of Ackerman Industries for the first three months of the year follow: Total Costs Units Produced January $237,600 1,680 units February 352,180
The manufacturing costs of Ackerman Industries for the first three months of the year follow:
| Total Costs | Units Produced | |||
| January | $237,600 | 1,680 | units | |
| February | 352,180 | 3,000 | ||
| March | 369,600 | 4,080 | ||
Using the high-low method, determine (a) the variable cost per unit and (b) the total fixed cost. Round all answers to the nearest whole dollar.
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International Accounting
Authors: Shirine Rathore
2nd Edition
8120336739, 9788120336735
