The following costs were for Handle Bar Incorporated, a bicycle manufacturer that uses the high-low method: Output 960 Fixed Costs $ 33,000 $ 33,000 1,010 1,060 $ 33,000 1,110 $ 33,000 At an output level of 1.320 bicycles, per unit total cost is calculated to be Multiple Choice $132.00 O $133.50 O $15700 $161.73 $186.70 Variable Costs $ 126,720 $ 133,320 $ 139,920 $ 146,520 Total Costs $ 159,720 $ 166,320 $ 172,920 $ 179,520

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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The following costs were for Handle Bar Incorporated, a bicycle manufacturer that uses the high-low method.
Output
960
Fixed Costs
$ 33,000
Total Costs
$ 159,720
1,010.
$ 33,000
$ 166,320
1,060
$ 33,000
$ 172,920
1,110
$ 33,000
$ 179,520
At an output level of 1.320 bicycles, per unit total cost is calculated to be
Multiple Choice
$132.00
$133.50
O $157,00
O $161.73.
$186.70
Variable Costs
$ 126,720
$ 133,320
$ 139,920
$ 146,520
Transcribed Image Text:The following costs were for Handle Bar Incorporated, a bicycle manufacturer that uses the high-low method. Output 960 Fixed Costs $ 33,000 Total Costs $ 159,720 1,010. $ 33,000 $ 166,320 1,060 $ 33,000 $ 172,920 1,110 $ 33,000 $ 179,520 At an output level of 1.320 bicycles, per unit total cost is calculated to be Multiple Choice $132.00 $133.50 O $157,00 O $161.73. $186.70 Variable Costs $ 126,720 $ 133,320 $ 139,920 $ 146,520
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