The manufacturing costs of Calico Industries for 3 months of the year are as follows: Total Cost Production (units) April $120,300 277,700 May 84,500 164,100 June 109,300 244,300 Using the high-low method, the variable cost per unit and the total fixed costs are Round your intermediate calculations to two decimal places. a.$3.20 per unit and $3,144, respectively b.$0.58 per unit and $15,718, respectively c.$5.76 per unit and $3,144, respectively d.$0.32 per unit and $31,436, respectively
The manufacturing costs of Calico Industries for 3 months of the year are as follows: Total Cost Production (units) April $120,300 277,700 May 84,500 164,100 June 109,300 244,300 Using the high-low method, the variable cost per unit and the total fixed costs are Round your intermediate calculations to two decimal places. a.$3.20 per unit and $3,144, respectively b.$0.58 per unit and $15,718, respectively c.$5.76 per unit and $3,144, respectively d.$0.32 per unit and $31,436, respectively
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter3: Cost Behavior
Section: Chapter Questions
Problem 26E: Starling Co. manufactures one product with a selling price of 18 and variable cost of 12. Starlings...
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The
| Total Cost | Production (units) | |
| April | $120,300 | 277,700 |
| May | 84,500 | 164,100 |
| June | 109,300 | 244,300 |
Using the high-low method, the variable cost per unit and the total fixed costs are
Round your intermediate calculations to two decimal places.
a.$3.20 per unit and $3,144, respectively
b.$0.58 per unit and $15,718, respectively
c.$5.76 per unit and $3,144, respectively
d.$0.32 per unit and $31,436, respectively
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