Solution-Calculate the variable and fixed costs

Calculate the variable and fixed costs

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Question - Fluid Ltd manufactures drink bottles. Over the past 12 months, their highest monthly output was during September where they produced 20,000 drink bottles at a total production cost of $150,000. Their lowest monthly output was in May where they produced just 12,000 drink bottles at a total production cost of $110,000. Using the high-low method, calculate the variable and fixed costs?

Variable: $2.50 per unit, Fixed: $50,000 per month.

Variable: $6.00 per unit, Fixed: $60,000 per month.

Variable: $5.00 per unit, Fixed: $50,000 per month.

Variable: $4.50 per unit, Fixed: $60,000 per month.

Reference no: EM132572324

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Calculate the variable and fixed costs

Reference no: EM132572324

Reference no: EM132572324

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