The manufacturing costs of Mocha Industries for three months of the year are as follows: Total Cost Production April May June $86,462 91,068 98,353 2,460 Units 3,440 4,990 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 $86,462 91,068 98,353 2,460 Units 3,440 4,990 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

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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