The manufacturing costs of Calico Industries for three months of the year are provided below: Total Cost Production (units) $117,900 80,700 102,600 April May June 275,000 164,500 248,100 Using the high-low method, the variable cost per unit and the total fixed costs are a. $0.61 per unit and $12,200 Ob. $6.12 per unit and $2,440 Oc. $0.34 per unit and $24,400 Od. $3.40 per unit and $2,440

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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The manufacturing costs of Calico Industries for three months of the year are provided below:
Total Cost Production (units)
$117,900
80,700
102,600
April
May
June
275,000
164,500
248,100
Using the high-low method, the variable cost per unit and the total fixed costs are
Oa. $0.61 per unit and $12,200
b. $6.12 per unit and $2,440
c. $0.34 per unit and $24,400
Od. $3.40 per unit and $2,440
Transcribed Image Text:The manufacturing costs of Calico Industries for three months of the year are provided below: Total Cost Production (units) $117,900 80,700 102,600 April May June 275,000 164,500 248,100 Using the high-low method, the variable cost per unit and the total fixed costs are Oa. $0.61 per unit and $12,200 b. $6.12 per unit and $2,440 c. $0.34 per unit and $24,400 Od. $3.40 per unit and $2,440
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