The manufacturing costs of Calico Industries for three months of the year are provided below: Total Cost Production (units) April $116,100 281,600 May 90,500 164,900 June 108,300 242,000 Using the high-low method, the variable cost per unit and the total fixed costs are Da. $2.20 per unit and $5,415 Ob. $0.40 per unit and $27,074 Oc. $3.96 per unit and $5,415 Od. $0.22 per unit and $54,148

Managerial Accounting: The Cornerstone of Business Decision-Making
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Chapter2: Basic Managerial Accounting Concepts
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Problem 39E: Cost Classification Loring Company incurred the following costs last year: Required: 1. Classify...
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The manufacturing costs of Calico Industries for three months of the year are provided below:
Total Cost
Production (units)
Аpril
$116,100
281,600
May
90,500
164,900
June
108,300
242,000
Using the high-low method, the variable cost per unit and the total fixed costs are
Oa. $2.20 per unit and $5,415
Ob. $0.40 per unit and $27,074
Oc. $3.96 per unit and $5,415
Od. $0.22
per unit and $54,148
Transcribed Image Text:The manufacturing costs of Calico Industries for three months of the year are provided below: Total Cost Production (units) Аpril $116,100 281,600 May 90,500 164,900 June 108,300 242,000 Using the high-low method, the variable cost per unit and the total fixed costs are Oa. $2.20 per unit and $5,415 Ob. $0.40 per unit and $27,074 Oc. $3.96 per unit and $5,415 Od. $0.22 per unit and $54,148
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