The manufacturing costs of Calico Industries for 3 months of the year are as follows: Total Cost Production (units) April $112,900 279,800 May 87,900 163,000 June 99,200 240,100 Using the high-low method, the variable cost per unit and the total fixed costs are Round your intermediate calculations to two decimal places. a. $0.21 per unit and $54,142, respectively Ob. $0.38 per unit and $27,071, respectively Oc. $2.10 per unit and $5,414, respectively Od. $3.78 per unit and $5,414, respectively
The manufacturing costs of Calico Industries for 3 months of the year are as follows: Total Cost Production (units) April $112,900 279,800 May 87,900 163,000 June 99,200 240,100 Using the high-low method, the variable cost per unit and the total fixed costs are Round your intermediate calculations to two decimal places. a. $0.21 per unit and $54,142, respectively Ob. $0.38 per unit and $27,071, respectively Oc. $2.10 per unit and $5,414, respectively Od. $3.78 per unit and $5,414, respectively
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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![The manufacturing costs of Calico Industries for 3 months of the year are as follows:
Total Cost
Production (units)
April
$112,900
279,800
May
87,900
163,000
June
99,200
240,100
Using the high-low method, the variable cost per unit and the total fixed costs are
Round your intermediate calculations to two decimal places.
a. $0.21 per unit and $54,142, respectively
Ob. $0.38 per unit and $27,071, respectively
c. $2.10 per unit and $5,414, respectively
Od. $3.78 per unit and $5,414, respectively](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fd162c1e0-4fa0-4043-a5a9-005ca139010d%2Ffeca9e7c-f05f-498b-a75b-e9141c527b35%2Fadypwrh_processed.jpeg&w=3840&q=75)
Transcribed Image Text:The manufacturing costs of Calico Industries for 3 months of the year are as follows:
Total Cost
Production (units)
April
$112,900
279,800
May
87,900
163,000
June
99,200
240,100
Using the high-low method, the variable cost per unit and the total fixed costs are
Round your intermediate calculations to two decimal places.
a. $0.21 per unit and $54,142, respectively
Ob. $0.38 per unit and $27,071, respectively
c. $2.10 per unit and $5,414, respectively
Od. $3.78 per unit and $5,414, respectively
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