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Determine the variable cost per unit using high-low method

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Reference no: EM132971559

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

Problem 1: Using the high-low method, determine the variable cost per unit and the total fixed cost. Round all answers to the nearest whole dollar.

Reference no: EM132971559

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