The manufacturing costs of Rosenthal Industries for the first three months of the year follow: Total Costs Production January $215,280 1,265 units February 264,080 2,130 March 334,880 3,565 Using the high-low method, determine (a) the variable cost per unit and (b) the total fixed cost. a. Variable cost per unit b. Total fixed cost

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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High-Low Method
The manufacturing costs of Rosenthal Industries for the first three months of the year follow:
January
February
March
Total Costs
Production
$215,280
1,265 units
264,080
2,130
334,880
3,565
Using the high-low method, determine (a) the variable cost per unit and (b) the total fixed cost.
a. Variable cost per unit
b. Total fixed cost
SA
LA
Transcribed Image Text:High-Low Method The manufacturing costs of Rosenthal Industries for the first three months of the year follow: January February March Total Costs Production $215,280 1,265 units 264,080 2,130 334,880 3,565 Using the high-low method, determine (a) the variable cost per unit and (b) the total fixed cost. a. Variable cost per unit b. Total fixed cost SA LA
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