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Question: The manufacturing costs of Alex Industries for the first three months of the year are provided below. Total Costs Production January $566,350 February 388,800 March 604,800 4,310 units 2,400 units 6,400 units Using the high-low method, determine: (a) the variable costs per unit and (b) the total fixed costs. (Round to nearest dollar)

Question: The manufacturing costs of Alex Industries for the first three months of the year are provided below. Total Costs Production January $566,350 February 388,800 March 604,800 4,310 units 2,400 units 6,400 units Using the high-low method, determine: (a) the variable costs per unit and (b) the total fixed costs. (Round to nearest dollar)

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question: The manufacturing costs of Alex Industries for the first three months of the year are provided below. Total Costs Production January $566,350 February 388,800 March 604,800 4,310 units 2,400 units 6,400 units Using the high-low method, determine: (a) the variable costs per unit and (b) the total fixed costs. (Round to nearest dollar)
Transcribed Image Text:Question: The manufacturing costs of Alex Industries for the first three months of the year are provided below. Total Costs Production January $566,350 February 388,800 March 604,800 4,310 units 2,400 units 6,400 units Using the high-low method, determine: (a) the variable costs per unit and (b) the total fixed costs. (Round to nearest dollar)
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