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Determine the variable cost per unit

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Reference no: EM131966919

Question - High-Low Method

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

Total Costs Units Produced

January$1,900,000 20,000 units

February 2,250,000 27,000

March 2,400,000 30,000

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.

Reference no: EM131966919

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