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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) 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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