High-Low Method The manufacturing costs of Kellam Industries for the first three months of the year follow: Total Costs Units Produced January $2,400,000 10,000 units February 2,950,000 42,000 March...


High-Low Method<br>The manufacturing costs of Kellam Industries for the first three months of the year follow:<br>Total Costs<br>Units Produced<br>January<br>$2,400,000<br>10,000 units<br>February<br>2,950,000<br>42,000<br>March<br>3,200,000<br>50,000<br>Using the high-low method, determine (a) the variable cost per unit and (b) the total fixed cost.<br>a. Variable cost per unit<br>b. Total fixed cost<br>

Extracted text: High-Low Method The manufacturing costs of Kellam Industries for the first three months of the year follow: Total Costs Units Produced January $2,400,000 10,000 units February 2,950,000 42,000 March 3,200,000 50,000 Using the high-low method, determine (a) the variable cost per unit and (b) the total fixed cost. a. Variable cost per unit b. Total fixed cost

Jun 10, 2022
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