Required: Baker Company produced 2,250 units in May at a total cost of $11,500 and 5,450 units in June at a total cost of $26,220. Compute the variable cost per unit and the total fixed cost using the high-low method. Note: Round your "Variable cost per unit" answer to 2 decimal places. Variable cost per unit Total fixed cost
Required: Baker Company produced 2,250 units in May at a total cost of $11,500 and 5,450 units in June at a total cost of $26,220. Compute the variable cost per unit and the total fixed cost using the high-low method. Note: Round your "Variable cost per unit" answer to 2 decimal places. Variable cost per unit Total fixed cost
Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter7: Cost-volume-profit Analysis
Section: Chapter Questions
Problem 46E: Lotts Company produces and sells one product. The selling price is 10, and the unit variable cost is...
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![Required:
Baker Company produced 2,250 units in May at a total cost of $11,500 and 5,450 units in June at a total cost of $26,220. Compute the
variable cost per unit and the total fixed cost using the high-low method.
Note: Round your "Variable cost per unit" answer to 2 decimal places.
Variable cost per unit
Total fixed cost](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F7a9d0062-c75e-4242-bbb2-8ff9dc5909fd%2F2043081d-9932-4c14-8bf5-7b54a52ab830%2F7458fne_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Required:
Baker Company produced 2,250 units in May at a total cost of $11,500 and 5,450 units in June at a total cost of $26,220. Compute the
variable cost per unit and the total fixed cost using the high-low method.
Note: Round your "Variable cost per unit" answer to 2 decimal places.
Variable cost per unit
Total fixed cost
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