Solution-Determine the variable cost per unit and total

Determine the variable cost per unit and total fixed cost

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Reference no: EM132685771

Problem - High-low method - Bi-Rize, Inc. incurred the following production volumes and costs for the last six months of the current year:

	Production Units	Total Cost
July	3,000	$111,700
August	2,980	110,600
September	3,250	118,250
October	2,520	100,200
November	2,260	93,500
December	3,110	114,800

Required - Prepare a spreadsheet to determine the variable cost per unit and total fixed cost using the high-low method. Use the VLOOKUP function to match the total cost to the minimum and maximum production in computing the variable cost per unit.

Reference no: EM132685771

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Determine the variable cost per unit and total fixed cost

Reference no: EM132685771

Reference no: EM132685771

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