what is the fixed cost per month? Harper Industries had a high total cost of$93,000 in July, when it produced 18,000 units.Its low total cost was $63,000 in March, when itproduced 10,000 units.What is the fixed cost per month?

We can use the high-low method to determine the fixed cost per month.Step 1: Determine the Variable…

Answered: Harper Industries had a high total cost…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter3: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 5EB: Cadre, Inc., sells a single product with a selling price of $120 and variable costs per unit of $90....

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Harper Industries had a high total cost of $93,000 in July, when it produced 18,000 units. Its low total cost was $63,000 in March, when it produced 10,000 units. What is the fixed cost per month?