Question
The manufacturing costs of Mocha Industries for three months of the year are provided below: Total Cost Production April $81,850 2,260 Units May 84,100 3,160
The manufacturing costs of Mocha Industries for three months of the year are provided below: Total Cost Production April $81,850 2,260 Units May 84,100 3,160 Units June 87,675 4,590 Units
(a) Using the high-low method, determine the variable cost per unit. Round your answer to nearest cent. $ per unit
(b) Using the high-low method, determine total fixed costs. $
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Fundamentals Of Cost Accounting
Authors: Michael W Maher, William N. Lanen, Madhav V. Rajan
1st Edition
0073018376, 978-0073018379
