The manufacturing costs of Rosenthal Industries for the first three months of the year follow:   Total Costs Production January $107,100   765 units February 109,480   1,490   March 166,600   2,465   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 $

Managerial Accounting
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Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter6: Cost-volume-profit Analysis
Section: Chapter Questions
Problem 1BE: High-low method The manufacturing costs of Rosenthal Industries for the first three months of the...
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The manufacturing costs of Rosenthal Industries for the first three months of the year follow:

  Total Costs Production
January $107,100   765 units
February 109,480   1,490  
March 166,600   2,465  

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 $
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