Question
The manufacturing costs of Mocha Industries for three months of the year are as follows: Total Cost Production April $77,376 1,120 Units May 80,661 1,570
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The manufacturing costs of Mocha Industries for three months of the year are as follows:
Total Cost Production April $77,376 1,120 Units May 80,661 1,570 June 85,771 2,270 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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Financial Accounting An International Introduction
Authors: David Alexander, Prof Christopher Nobes, Chris W. Nobes
4th Edition
027372164X, 978-0273721642
