Island Enterprises has presented the following information for the past eight months operations:11MonthAprilKAyDaits Total Cost$18,5004,750J,950 $16,4002,150 $12,600$14,700JuneJ,550JulyAagustSeptamber 4,950Octaber1,250$17,5004,650Movember 4,150$21,000$18,000$17,200a. Using the high-low method, calculate the fixed cost per month and variable cost per unit. (Round variable cost to 2 decimal places.)Faed CostPer MonthVariable CostPer Unitb. What would total costs be for a month with 3,750 units produced? (Do not round your intermediate calculations.)Total Coots

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Island Enterprises has presented the following Information for the past eight months operation Dnits Total Cost 1,750 J,950 $16,400 2,150 J,550 1,250 Honth $18,500 April Kay June $12,600 July Aagust Beptamber 4,950 Octaber $14,700 $17,500 $21,000 $18,000 4,650 November 4,150 $17,200 2. Using the high-low method, calculate the fixed cost per month and variable cost per unit. (Round variable cost to 2 decimal places.) Fiaued Cost Per Manth Variable Cost Per Unit hat would total costs be for a month with 3,750 units produced? (Do not round your intermediate calculations.) Coots

Island Enterprises has presented the following Information for the past eight months operation Dnits Total Cost 1,750 J,950 $16,400 2,150 J,550 1,250 Honth $18,500 April Kay June $12,600 July Aagust Beptamber 4,950 Octaber $14,700 $17,500 $21,000 $18,000 4,650 November 4,150 $17,200 2. Using the high-low method, calculate the fixed cost per month and variable cost per unit. (Round variable cost to 2 decimal places.) Fiaued Cost Per Manth Variable Cost Per Unit hat would total costs be for a month with 3,750 units produced? (Do not round your intermediate calculations.) Coots

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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