Question: amelia enterprises has presented the following information for the past...
Amelia Enterprises has presented the following information for the past three months operations:
Month Units Average costs
June 2,400 $10.00
July 4,800 $6.00
August 6,000 $5.20
a. Using the high-low method, calculate the fixed cost per month and variable cost per unit.
b. What would total costs be for a month with 5,000 units produced?