Calculate the fixed cost per month and variable cost

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Reference no: EM132828275

Question - Silver Products has presented the following information for the past eight months operations:

Month

Units

Total Costs

April

8,000

P50,400

May

6,400

45,500

June

4,000

39,600

July

5,600

43,500

August

7,000

47,000

September

8,200

50,100

October

7,800

49,000

November

6,800

46,600

Requirements -

1. Using the high-low method, calculate the fixed cost per month and variable cost per unit.

2. What would total costs be for a month with 5,400 units produced?

Reference no: EM132828275

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