1.
With the information for the first four months of production,
determine the variable cost per unit and the fixed
cost using the high-low method.
Total Cost
Units Produced
January
$155,100
9,000
February
166,350
9,750
March
158,100
9,200
April
157,350
9,150
2.
For 20Y5, Moore’s Mowers had total sales of $42,000, with each
product selling for $15 each. Each product had
variable costs of $8. Calculate the (a) contribution margin, (b)
contribution margin ratio, and (c) unit contribution
margin. Round...