Question - High-low method
The manufacturing costs of Bartee-Allen Enterprises for the second three months of the year follow:
Total Costs/ Units Produced
April 300,000/ $2,700 Units
May 440,000 /5,500 Units
June 325,000/ 3,500 Units
Using the high-low method, determine (a) the variable cost per unit and (b) the total fixed cost.