Determine the total fixed cost

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Problem - High-low method - The manufacturing costs of Greenburg Enterprises for the first three months of the year are provided below.


Total Costs

Production

April

$210,000

2,000 units

May

320,000

4,000

June

225,000

2,500

Required - Using the high-low method,

(a) Determine the variable cost per unit.

(b) Determine the total fixed cost.

Reference no: EM132685520

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