Solution-Determine the variable cost per unit and total

Determine the variable cost per unit and total fixed costs

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Reference no: EM133096036

Question - The manufacturing costs of Calico Industries for 3 months of the year are as follows:

	Total Cost	Production (units)
April	$116,000	279,300
May	84,700	164,000
June	109,600	239,600

Using the high-low method, determine the variable cost per unit and the total fixed costs?

a. $0.49 per unit and $20,295, respectively

b. $2.70 per unit and $4,059, respectively

c. $0.27 per unit and $40,589, respectively

d. $4.86 per unit and $4,059, respectively

Reference no: EM133096036

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Determine the variable cost per unit and total fixed costs

Reference no: EM133096036

Reference no: EM133096036

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