June The manufacturing costs of Calico Industries for three months of the year are provided below:...

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Question

June The manufacturing costs of Calico Industries for three months of the year are provided below: Total Cost Production (uni

Answer 1

Answer #1

ANSWER


Variable cost per unit Highest- Lowest method

= Highest cost - lowest cost / (highest units - lowest units)

=($119,500-89,700)/ (275,400-161,900)

=$0.26 per unit

Therefore Fixed Costs = $119,500 - (275,400*0.26)
	=$47,896

Correct Option : B

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Answer 2

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