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The manufacturing costs of Mocha Industries for three months of the year are as follows: Total Cost Production April $78,445 1,610 Units May 81,325 2,250
The manufacturing costs of Mocha Industries for three months of the year are as follows:
Total Cost | Production | ||
April | $78,445 | 1,610 | Units |
May | 81,325 | 2,250 | |
June | 85,915 | 3,270 |
a. Using the high-low method, determine the variable cost per unit. Round your answer to two decimal places. $ (fill in the blank 1) per unit
b. Using the high-low method, determine the total fixed costs.
$ (fill in the blank 2)
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