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Determine the variable cost per unit

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Reference no: EM132685519

Problem - High-low method - The manufacturing costs of Fuld Industries for three months of the year are provided below.

Total Costs

Production

January

$175,000

7,500 units

February

390,000

20,000

March

490,000

25,000

Required - Using the high-low method,

(a) Determine the variable cost per unit.

(b) Determine the total fixed cost.

Reference no: EM132685519

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