The manufacturing costs of Calico Industries for 3 months of the year are as follows: Production (units) Total Cost April $112,400 284,100 May 83,900 165,400 June 106,200 247,100 Using the high-low method, the variable cost per unit and the total fixed costs are Round your intermediate calculations to two decimal places. Oa. $4.32 per unit and $4,422, respectively Ob. $0.43 per unit and $22,108, respectively Oc. $0.24 per unit and $44,216, respectively Od. $2.40 per unit and $4,422, respectively

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Question

Subject: accounting 

 

 

The manufacturing costs of Calico Industries for 3 months of the year are as follows:
Total Cost
Production (units)
April
May
June
$112,400
284,100
83,900
165,400
106,200
247,100
Using the high-low method, the variable cost per unit and the total fixed costs are
Round your intermediate calculations to two decimal places.
Oa. $4.32 per unit and $4,422, respectively
Ob. $0.43 per unit and $22,108, respectively
Oc. $0.24 per unit and $44,216, respectively
Od. $2.40 per unit and $4,422, respectively
Transcribed Image Text:The manufacturing costs of Calico Industries for 3 months of the year are as follows: Total Cost Production (units) April May June $112,400 284,100 83,900 165,400 106,200 247,100 Using the high-low method, the variable cost per unit and the total fixed costs are Round your intermediate calculations to two decimal places. Oa. $4.32 per unit and $4,422, respectively Ob. $0.43 per unit and $22,108, respectively Oc. $0.24 per unit and $44,216, respectively Od. $2.40 per unit and $4,422, respectively
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