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?

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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what is the fixed cost per month? accounting question

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?
Transcribed Image Text: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?
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