The manufacturing costs of Rosenthal Industries for the first three months of the year follow: Total Costs Production January $72,000 1,120 units February 84,640 1,690 March 112,000 2,720 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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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:
Total Costs
Production
January
$72,000
1,120 units
February
84,640
1,690
March
112,000
2,720
Using the high-low method, determine (a) the varnable cost per unit and (b) the total fixed.cost.
a. Variable cost per unit
b. Total fixed cost
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Transcribed Image Text:My Home * CengageNOWv2 | Online teachin- X m/takeAssignment/takeAssignmentMain.do?invoker=8ttakeAssignmentSessionLocator=&inprogress=false High-Low Method The manufacturing costs of Rosenthal Industries for the first three months of the year follow: Total Costs Production January $72,000 1,120 units February 84,640 1,690 March 112,000 2,720 Using the high-low method, determine (a) the varnable cost per unit and (b) the total fixed.cost. a. Variable cost per unit b. Total fixed cost All work saved. 44 °F
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