FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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High-Low Method
The
Total Costs | Production | |||
January | $103,320 | 700 | units | |
February | 147,860 | 1,260 | ||
March | 160,720 | 2,100 |
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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