The manufacturing costs of Mocha Industries for three months of the year are as follows: Total Cost Production April $63,100 1,100 units May 80,920 1,800 June 100,900 2,600 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 $63,100 1,100 units May 80,920 1,800 June 100,900 2,600 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.

Name: The manufacturing costs of Mocha Indusstries for three months of the
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Description: The manufacturing costs of Mocha Indusstries for three months of the year are as follows:Total CostProductionApril$63,1001,100 unitsMay80,9201,800June100,9002,600a. Using the high-low method, determine the variable cost per unit. Round your answer t

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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