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The manufacturing costs of Mocha Industries for three months of the year are provided below: Total Cost Production April $68,616 1,880 Units May 74,766 2,630
The manufacturing costs of Mocha Industries for three months of the year are provided below:
Total Cost | Production | |
April | $68,616 | 1,880 Units |
May | 74,766 | 2,630 Units |
June | 84,524 | 3,820 Units |
(a) Using the high-low method, determine the variable cost per unit. Round your answer to nearest cent. $ per unit
(b) Using the high-low method, determine total fixed costs. $
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