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

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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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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