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The manufacturing costs of Mocha Industries for three months of the year are as follows: Total Cost Production April May June $83,568 87,088 92,592 1,370 Units 1,920 2,780 a. Using the high-low method, determine the variable cost per unit. Round your answer to two decimal places. per unit b. Using the high-low method, determine the total fixed costs.

The manufacturing costs of Mocha Industries for three months of the year are as follows: Total Cost Production April May June $83,568 87,088 92,592 1,370 Units 1,920 2,780 a. Using the high-low method, determine the variable cost per unit. Round your answer to two decimal places. per unit b. Using the high-low method, determine the total fixed costs.

FINANCIAL ACCOUNTING
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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The manufacturing costs of Mocha Industries for three months of the year are as follows: Total Cost Production $83,568 1,370 Units 87,088 1,920 92,592 2,780 a. Using the high-low method, determine the variable cost per unit. Round your answer to two decimal places. per unit b. Using the high-low method, determine the total fixed costs. April May June
Transcribed Image Text:The manufacturing costs of Mocha Industries for three months of the year are as follows: Total Cost Production $83,568 1,370 Units 87,088 1,920 92,592 2,780 a. Using the high-low method, determine the variable cost per unit. Round your answer to two decimal places. per unit b. Using the high-low method, determine the total fixed costs. April May June
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