FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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The manufacturing costs of Mocha Industries for three months of the year are as follows:

  Total Cost Production
April $97,982 1,370 Units
May 102,712 1,920  
June 110,108 2,780  

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

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