What is the fixed cost per month? For this accounting question The highest value of total cost for MantillaBeverages Inc. was $75,000 in June. Itslowest value of total cost was $50,000 inDecember. The company makes a singleproduct. The production volume in Juneand December were 13,000 and 8,000units, respectively. What is the fixed costper month?

Step 1: Define Fixed costsFixed costs, commonly referred to as indirect costs or overhead costs, are…

Answered: The highest value of total cost for…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter3: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 5EB: Cadre, Inc., sells a single product with a selling price of $120 and variable costs per unit of $90....

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The highest value of total cost for Mantilla Beverages Inc. was $75,000 in June. Its lowest value of total cost was $50,000 in December. The company makes a single product. The production volume in June and December were 13,000 and 8,000 units, respectively. What is the fixed cost per month?