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

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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