Silver Products has presented the following information for the past eight months operations: ...
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Accounting
Silver Products has presented the following information for the past eight months operations:
| Month | Units | Total Cost | |
| April | 8,450 | $ | 28,300 |
| May | 6,850 | $ | 26,700 |
| June | 4,250 | $ | 19,200 |
| July | 6,050 | $ | 24,100 |
| August | 7,450 | $ | 26,900 |
| September | 8,850 | $ | 33,460 |
| October | 8,250 | $ | 27,400 |
| November | 7,250 | $ | 26,600 |
a. Using the high-low method, calculate the fixed cost per month and variable cost per unit. (Round your variable cost to 2 decimal places.)
fixed cost (. )
variable cost (. )
b. What would total costs be for a month with 5,450 units produced? (Do not round intermediate calculations.)
total costs( )
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