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The manufacturing costs of Mocha Industries for three months of the year are as follows: Month Total Cost Production April $79,092 1,440 units May 80,136 2,020 units June 81,756 2,920 units a.  Using the high-low method, determine the variable cost per unit. Round your answer to two decimal places.fill in the blank 1 of 1$ per unit b.  Using the high-low method, determine the total fixed costs.

The manufacturing costs of Mocha Industries for three months of the year are as follows: Month Total Cost Production April $79,092 1,440 units May 80,136 2,020 units June 81,756 2,920 units a.  Using the high-low method, determine the variable cost per unit. Round your answer to two decimal places.fill in the blank 1 of 1$ per unit b.  Using the high-low method, determine the total fixed costs.

Managerial Accounting: The Cornerstone of Business Decision-Making
Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter3: Cost Behavior And Cost Forecasting
Section: Chapter Questions
Problem 54E: Income Statements under Absorption and Variable Costing In the coming year, Kalling Company expects...
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The manufacturing costs of Mocha Industries for three months of the year are as follows:

Month Total Cost Production
April $79,092 1,440 units
May 80,136 2,020 units
June 81,756 2,920 units

a.  Using the high-low method, determine the variable cost per unit. Round your answer to two decimal places.
fill in the blank 1 of 1$ per unit

b.  Using the high-low method, determine the total fixed costs.

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