Maurice Tutor

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    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 19 Aug 2017 My Price 7.00

Lightfoot Industries

High-low method

 

The manufacturing costs of Lightfoot Industries for three months of the year follow:

 

 

Total Costs               Units Produced

 

January                            $640,000                      30,000 units

February                            900,000                      40,000

March                                  350,000                      12,500

 

Using the high-low method, determine (a) the variable cost per unit and (b) the total fixed  cost.

Answers

Maurice Tutor
(5)
Status NEW Posted 19 Aug 2017 11:08 PM My Price 7.00

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