Question
The manufacturing costs of Mocha Industries for three months of the year are as follows: Total Cost Production April $64,952 1,540 Units May 67,308 2,160
The manufacturing costs of Mocha Industries for three months of the year are as follows:
| Total Cost | Production | ||
| April | $64,952 | 1,540 | Units |
| May | 67,308 | 2,160 | |
| June | 70,994 | 3,130 | |
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
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Maintenance Management Auditing In Search Of Miantenance Management Excellence
Authors: Anthony Kelly
1st Edition
0831132671, 978-0831132675
