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Acme Company sold 500 units for $450 each. Variable costs were $275 per unit, and total...

Acme Company sold 500 units for $450 each. Variable costs were $275 per unit, and total fixed expenses were $53,000. Prepare a contribution margin income statement.

.

Scottso Enterprises has presented the following information for the past eight months operations:

Month

Units

Total Cost

Aprl

4,000

$ 17,000

May

3,200

$ 14,900

June

1,400

$ 11,100

July

2,800

$ 13,200

August

3,500

$ 16,000

September

4,200

$ 17,400

October

3,900

$ 16,500

November

3,400

$ 15,700

a. Using the high-low method, calculate the fixed cost per month AND variable cost per unit (4 pts)
b. What would total costs be for a month with 3,000 units produced? (2 pts)

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