The manufacturing cost of Mocha Industries for three months of the year are provided below: $$\begin{array} { | l | l | l | }
\hline & \text { Total Cost } & \text { Production } \
\hline \text { April } & \$ 63,100 & 1,100 \text { units } \
\hline \text { May } & 80,920 & 1,800 \
\hline \text { June } & 100,900 & 2,600 \
\hline
\end{array}$$ Using the high-low method, determine the a) variable cost per unit, and b) the total fixed costs.

Question

The manufacturing cost of Mocha Industries for three months of the year are provided below: $$\begin{array} { | l | l | l | } 
\hline & \text { Total Cost } & \text { Production } \
\hline \text { April } & \$ 63,100 & 1,100 \text { units } \
\hline \text { May } & 80,920 & 1,800 \
\hline \text { June } & 100,900 & 2,600 \
\hline
\end{array}$$ Using the high-low method, determine the a) variable cost per unit, and b) the total fixed costs.

Quizplus · Accepted Answer

The Answer of The manufacturing cost of Mocha Industries for three months of the year are provided below: $$\begin{array} { | l | l | l | } 
\hline & \text { Total Cost } & \text { Production } \
\hline \text { April } & \$ 63,100 & 1,100 \text { units } \
\hline \text { May } & 80,920 & 1,800 \
\hline \text { June } & 100,900 & 2,600 \
\hline
\end{array}$$ Using the high-low method, determine the a) variable cost per unit, and b) the total fixed costs.

The Manufacturing Cost of Mocha Industries for Three Months of the Year