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The manufacturing costs of Calico Industries for three months of the year are provided below:   Total Cost Production (units) April $121,400 278,500       May 80,800 166,100       June 109,600 237,400       Using the high-low method, the variable cost per unit and the total fixed costs are a.$3.60 per unit and $2,114 b.$0.65 per unit and $10,570 c.$0.36 per unit and $21,140 d.$6.48 per unit and $2,114

The manufacturing costs of Calico Industries for three months of the year are provided below:   Total Cost Production (units) April $121,400 278,500       May 80,800 166,100       June 109,600 237,400       Using the high-low method, the variable cost per unit and the total fixed costs are a.$3.60 per unit and $2,114 b.$0.65 per unit and $10,570 c.$0.36 per unit and $21,140 d.$6.48 per unit and $2,114

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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The manufacturing costs of Calico Industries for three months of the year are provided below:

  Total Cost Production (units)
April $121,400 278,500      
May 80,800 166,100      
June 109,600 237,400      

Using the high-low method, the variable cost per unit and the total fixed costs are

a.$3.60 per unit and $2,114
b.$0.65 per unit and $10,570
c.$0.36 per unit and $21,140
d.$6.48 per unit and $2,114
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