The manufacturing costs of Carrefour Enterprises for three months of the year follow: July August Total cost Units produced $300,000 2,700 units 440,000 5,500 September 325,000 3,500 Using the high-low method, determine (a) the variable cost per unit and (b) the total fixed cost.

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter5: Process Costing
Section: Chapter Questions
Problem 2PB: The following product costs are available for Kellee Company on the production of eyeglass frames:...
icon
Related questions
Question

Give true answer the accounting question not use ai

The manufacturing costs of Carrefour Enterprises for three months of the year
follow:
July
August
Total cost Units produced
$300,000 2,700 units
440,000 5,500
September 325,000
3,500
Using the high-low method, determine (a) the variable cost per unit and (b)
the total fixed cost.
Transcribed Image Text:The manufacturing costs of Carrefour Enterprises for three months of the year follow: July August Total cost Units produced $300,000 2,700 units 440,000 5,500 September 325,000 3,500 Using the high-low method, determine (a) the variable cost per unit and (b) the total fixed cost.
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Principles of Accounting Volume 2
Principles of Accounting Volume 2
Accounting
ISBN:
9781947172609
Author:
OpenStax
Publisher:
OpenStax College
Managerial Accounting
Managerial Accounting
Accounting
ISBN:
9781337912020
Author:
Carl Warren, Ph.d. Cma William B. Tayler
Publisher:
South-Western College Pub
Financial And Managerial Accounting
Financial And Managerial Accounting
Accounting
ISBN:
9781337902663
Author:
WARREN, Carl S.
Publisher:
Cengage Learning,
Managerial Accounting: The Cornerstone of Busines…
Managerial Accounting: The Cornerstone of Busines…
Accounting
ISBN:
9781337115773
Author:
Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:
Cengage Learning
Principles of Cost Accounting
Principles of Cost Accounting
Accounting
ISBN:
9781305087408
Author:
Edward J. Vanderbeck, Maria R. Mitchell
Publisher:
Cengage Learning
Essentials of Business Analytics (MindTap Course …
Essentials of Business Analytics (MindTap Course …
Statistics
ISBN:
9781305627734
Author:
Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson
Publisher:
Cengage Learning