The manufacturing costs of Mocha Industries for three months of the year are as follows:   Total Cost Production April $87,187 1,330 Units May 89,254 1,860   June 92,530 2,700   a.  Using the high-low method, determine the variable cost per unit. Round your answer to two decimal places. $fill in the blank 1 per unit b.  Using the high-low method, determine the total fixed costs. $fill in the blank 2

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Manufacturing Costs

Manufacturing cost is the total cost of procuring or producing a product. In other words, the manufacturing cost is the cost that an individual or business owner undertakes for the manufacturing of goods.