The manufacturing costs of Mocha Industries for 3 months of the year are as follows: Total Cost Production April May June $76,368 2,420 units 81,606 3,390 89,814 4,910 Using the high-low method, determine the (a) variable cost per unit and (b) the total fixed costs. Round "Cost per unit" answer to two decimal places. a. Variable cost per unit per unit b. Total fixed costs

The manufacturing costs of Mocha Industries for 3 months of the year are as follows: Total Cost Production April May June $76,368 2,420 units 81,606 3,390 89,814 4,910 Using the high-low method, determine the (a) variable cost per unit and (b) the total fixed costs. Round "Cost per unit" answer to two decimal places. a. Variable cost per unit per unit b. Total fixed costs

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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