Question
The manufacturing costs of Mocha Industries for three months of the year are as follows: Total...
The manufacturing costs of Mocha Industries for three months of the year are as follows:
| Total Cost | Production | ||
| April | $74,325 | 1,450 | Units |
| May | 79,255 | 2,030 | |
| June | 86,990 | 2,940 | |
a. Using the high-low method, determine the
variable cost per unit. Round your answer to two decimal
places.
$ per unit
b. Using the high-low method, determine the
total fixed costs.
$
Homework Answers
Answer #1
The answer has been presented in the supporting sheet. For detailed answer refer to the supporting sheet.
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