Answer:
a.$0.23 per unit and $48,773
Explanation:
The computation of the variable cost per unit and the total fixed costs variable cost per unit and the total fixed costs using the high-low method is shown below:
Variable cost per unit = (High total cost - low total cost) ÷ (High production units - low production units)
= ($114,300 - $87,100) ÷ (284,900 units - 168,100)
= $27,200 ÷ 116,800 units
= $0.23 per unit
Now the fixed cost equal to
= High total cost - (High production units × Variable cost per unit)
= $114,300 - ( 284,900 units × $0.23)
= $114,300 - $65,527
= $48,773
