The manufacturing costs of erin industries for three months


Question: High-Low Method

The manufacturing costs of Erin Industries for three months of the year are provided below.


Total Costs Production
January $192,780
1,020 units
February 256,180
1,910
March 299,880
2,720

Using the high-low method, determine

(a) the variable cost per unit and

(b) the total fixed cost.

Round all answers to the nearest whole dollar.

a. Variable cost per unit

b. Total fixed cost

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Accounting Basics: The manufacturing costs of erin industries for three months
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