Question
The manufacturing costs of Peebles Industries for three months of the year follow: Total Costs Production June $105,840 1,050 units July $154,170 2,100 units August
The manufacturing costs of Peebles Industries for three months of the year follow:
| Total Costs | Production | |
| June | $105,840 | 1,050 units |
| July | $154,170 | 2,100 units |
| August | $164,640 | 3,150 |
Using the high-low method, determine (a) the variable cost per unit and (b) the total fixed cost.
a.
b.
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Auditing And Assurance Services
Authors: Timothy Louwers, Penelope Bagley, Allen Blay, Jerry Strawser, Jay Thibodeau
8th International Edition
1260570517, 978-1260570519
