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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Gregory's Gems accumulated the following production and overhead cost data for the past five months:
Production(units)Â Â Â Â Overhead cost
Jan     10,600                                   40,250
Feb     10,500                                   40,000
Mar    11,500                                   44,250
Apr     12,500                                   43,500
May    11,000                                   43,750
Use the high/low method to calculate the variable cost per unit and fixed costs for Gregory's Gems. Round your answers to the nearest cent, if necessary.
Variable Cost      ? per unit
Fixed Cost  ?
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