Question
The manufacturing costs of Mocha Industries for three months of the year are as follows: Month Total Cost Production April $85,288 2,340 units May 92,996
The manufacturing costs of Mocha Industries for three months of the year are as follows:
| Month | Total Cost | Production |
|---|---|---|
| April | $85,288 | 2,340 units |
| May | 92,996 | 3,280 units |
| June | 105,050 | 4,750 units |
a. Using the high-low method, determine the variable cost per unit. Round your answer to two decimal places.
fill in the blank 1 of 1$ per unit
b. Using the high-low method, determine the total fixed costs.
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Managerial Accounting
Authors: Ray H Garrison, Alan Webb, Theresa Libby
11th Canadian Edition
1259275817, 978-1259275814
