The manufacturing cost of Calico Industries for three months of the year are provided below....

60.1K

Verified Solution

Question

Accounting

The manufacturing cost of Calico Industries for three months of the year are provided below.

Total Cost

Production (units)

April $117,600 278,400
May 84,000 167,100
June 109,800 234,000

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

a.$5.40 per unit and $3,408

b.$0.54 per unit and $17,040

c.$0.30 per unit and $34,080

d.$3.00 per unit and $3,408

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students