(SOLVED) Lopez Mfg is interested in estimating fixed and variable manufacturing


Question Description:

$19

Lopez Mfg. is interested in estimating fixed and variable manufacturing costs using data from October. Based on judgment, the plant manager classified each manufacturing cost as fixed, variable, or part fixed and part variable:
Required
a. Use account analysis to estimate fixed cost per month and variable cost per unit produced.
b. Based on your answer to part a, what is your estimate of the incremental cost of producing 500 units?

Answer

$19