The manufacturing costs of Rosenthal Industries for the first three months of the year follow: Total Costs Production January $259,200 2,025 units February 264,960 3,760 March 403,200 6,525 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

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter6: Cost-volume-profit Analysis
Section: Chapter Questions
Problem 1BE: High-low method The manufacturing costs of Rosenthal Industries for the first three months of the...
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High-Low Method
The manufacturing costs of Rosenthal Industries for the first three months of the year follow:
Total Costs
Production
January
$259,200
2,025 units
February
264,960
3,760
March
403,200
6,525
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
Transcribed Image Text:High-Low Method The manufacturing costs of Rosenthal Industries for the first three months of the year follow: Total Costs Production January $259,200 2,025 units February 264,960 3,760 March 403,200 6,525 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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