Question
The manufacturing costs of Mocha Industries for three months of the year are as follows: Total Cost Production April $64,092 2,120 Units May 69,702 2,970
The manufacturing costs of Mocha Industries for three months of the year are as follows:
| Total Cost | Production | ||
| April | $64,092 | 2,120 | Units |
| May | 69,702 | 2,970 | |
| June | 78,480 | 4,300 | |
a. Using the high-low method, determine the variable cost per unit. Round your answer to two decimal places. $ per unit
b. Using the high-low method, determine the total fixed costs. $
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Financial Accounting And Analysis For Students From Non Accounting Background
Authors: Raja Mizan
1st Edition
979-8431276866
