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The manufacturing cost of Carrie Industries for the first three months of the year are provided below.   Total Cost Production      January $91,500      2,300 units        February 115,500      3,100                 March 79,500      1,900                   Using the high-low method, determine the following: Round to the nearest cent. a.  Variable cost per unit $fill in the blank 1 per unit b.  Total fixed costs $fill in the blank 2

The manufacturing cost of Carrie Industries for the first three months of the year are provided below.   Total Cost Production      January $91,500      2,300 units        February 115,500      3,100                 March 79,500      1,900                   Using the high-low method, determine the following: Round to the nearest cent. a.  Variable cost per unit $fill in the blank 1 per unit b.  Total fixed costs $fill in the blank 2

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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The manufacturing cost of Carrie Industries for the first three months of the year are provided below.

  Total Cost Production     
January $91,500      2,300 units       
February 115,500      3,100                
March 79,500      1,900                

 

Using the high-low method, determine the following: Round to the nearest cent.

a.  Variable cost per unit $fill in the blank 1 per unit
b.  Total fixed costs $fill in the blank 2
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