Question
The manufacturing costs of Mocha Industries for three months of the year are as follows: Total Cost Production April $74,325 1,450 Units May 79,255 2,030
The manufacturing costs of Mocha Industries for three months of the year are as follows:
| Total Cost | Production | ||
| April | $74,325 | 1,450 | Units |
| May | 79,255 | 2,030 | |
| June | 86,990 | 2,940 | |
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 Analysis
Authors: Paul Rodgers
4th Edition
075068674X, 978-0750686747
