The manufacturing costs of Mocha Industries for three months of the year are as follows:   Total Cost Production April $87,187 1,330 Units May 89,254 1,860   June 92,530 2,700   a.  Using the high-low method, determine the variable cost per unit. Round your answer to two decimal places. $fill in the blank 1 per unit b.  Using the high-low method, determine the total fixed costs. $fill in the blank 2

Q: Cost Machine Hours May June P8,300 10,400 7,200 9,500 15,000 20,000 12,000 18,000 July August

A: Total cost:- It is sum of total variable cost and total fixed cost. I,e total cost = Variable cost +…

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A: High low method: Variable cost per unit = (Highest activity cost - Lowest activity cost) / (Highest…

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A:

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A:

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Q: a.  Variable cost per unit $fill in the blank 1 b.  Total fixed cost $fill in the blank

A:

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A: Highest activity = 279,800 units Lowest activity = 163,000 units

Manufacturing Costs

Manufacturing cost is the total cost of procuring or producing a product. In other words, the manufacturing cost is the cost that an individual or business owner undertakes for the manufacturing of goods.