Question
The manufacturing costs of Alex Industries for the first three months of the year are provided below. Total Costs Production January $566,350 4,310 units February
The manufacturing costs of Alex Industries for the first three months of the year are provided below.
| Total Costs | Production | |||
|---|---|---|---|---|
| January | $566,350 | 4,310 units | ||
| February | 388,800 | 2,400 units | ||
| March | 604,800 | 6,400 units | ||
Using the high-low method, determine (a) the variable costs per unit and (b) the total fixed costs. Round all answers to nearest whole dollar.
| Variable cost per unit | $ |
| Total fixed cost | $ |
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Assurance And Auditing
Authors: Thomas Nelson
1st Edition
0170111342, 978-0170111348
