Question

The manufacturing cost of Calico Industries for three months of the year are provided below. Total...

The manufacturing cost of Calico Industries for three months of the year are provided below.

Total Cost

Production (units)
April $115,800 280,500
May 88,400 168,000
June 109,500 249,600

Using the high-low method, the variable cost per unit and the total fixed costs are

a.$4.32 per unit and $4,848

b.$2.40 per unit and $4,848

c.$0.43 per unit and $24,240

d.$0.24 per unit and $48,480

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