Question

the manufacturing costs of carrie industries for the first three months of the year are as follows:

\

$$\begin{tabular}{lrr} & total cost & production \\\\ \\hline january & \\$93,300 & 2,300 \\text{ units} \\\\ february & 115,500 & 3,100 \\text{ units} \\\\ march & 79,500 & 1,900 \\text{ units} \\end{tabular}$$

a. using the high-low method, determine the variable cost per unit.
\\$
per unit

b. using the high-low method, determine the total fixed costs.

Explanation:

Identify high and low activity levels

Using the High-Low Method knowledge point

$$
LATEXBLOCK0
$$

Calculate variable cost per unit

Using the Variable Cost and High-Low Method knowledge points

$$
LATEXBLOCK1
$$

Calculate total fixed costs

Using the Fixed Cost and High-Low Method knowledge points

$$
LATEXBLOCK2
$$

Answer:

Question a

Using the high-low method, determine the variable cost per unit.
$ <blank>30</blank> per unit

Question b

Using the high-low method, determine the total fixed costs.
$ <blank>22,500</blank>