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The manufacturing costs of Calico Industries for 3 months of the year are as follows:   Total Cost Production (units) April $111,100 276,200 May 82,600 163,200 June 106,300 244,600 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.$2.50 per unit and $4,205, respectively b.$4.50 per unit and $4,205, respectively c.$0.25 per unit and $42,050, respectively d.$0.45 per unit and $21,025, respectively

The manufacturing costs of Calico Industries for 3 months of the year are as follows:   Total Cost Production (units) April $111,100 276,200 May 82,600 163,200 June 106,300 244,600 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.$2.50 per unit and $4,205, respectively b.$4.50 per unit and $4,205, respectively c.$0.25 per unit and $42,050, respectively d.$0.45 per unit and $21,025, respectively

Cornerstones of Cost Management (Cornerstones Series)
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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  1. The manufacturing costs of Calico Industries for 3 months of the year are as follows:

      Total Cost Production (units)
    April $111,100 276,200
    May 82,600 163,200
    June 106,300 244,600

    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.$2.50 per unit and $4,205, respectively
    b.$4.50 per unit and $4,205, respectively
    c.$0.25 per unit and $42,050, respectively
    d.$0.45 per unit and $21,025, respectively
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