Question
The manufacturing costs of Mocha Industries for three months of the year are as follows: Total Cost Production April $59,728 2,490 Units May 66,928 3,490
The manufacturing costs of Mocha Industries for three months of the year are as follows:
| Total Cost | Production | ||
| April | $59,728 | 2,490 | Units |
| May | 66,928 | 3,490 | |
| June | 78,160 | 5,050 | |
a. Using the high-low method, determine the variable cost per unit. Round your answer to two decimal places.
b. Using the high-low method, determine the total fixed costs.
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The Audit Value Factor Making Managements Head Turn Internal Audit And IT Audit Series
Authors: Daniel Samson
1st Edition
1138198129, 978-1138198128
