ces Alden Company's monthly data for the past year follow. Management wants to use these...

60.1K

Verified Solution

Question

Accounting

ces Alden Company's monthly data for the past year follow. Management wants to use these data to predict future variable and fixed costs. Month Units Sold 1 2 3 4 5 6 317,000 162,000 262,000 202,000 287,000 187,000 Total Cost $ 154,500 98,250 202,600 97,000 198,500 109,000 Total cost at the high point Variable costs at the high point: Volume at the high point: Variable cost per unit Total variable costs at the high point Total fixed costs Total cost at the low point Month Units Sold 363,000 267,000 7 8 9 76,600 147,000 10 11 91,000 12 97,000 Total Cost $ 299,984 148,750 68,000 1. Estimate both the variable costs per unit and the total monthly fixed costs using the high-low method. (Do not round intermediate calculations.) 127,625 91,000 84,650 High-Low method - Calculation of variable cost per unit High-Low method - Calculation of fixed costs 0
image
image
Alden Company's monthly data for the past year follow. Management wants to use these data to predict future variable and fixed costs. . Estimate both the variable costs per unit and the total monthly foxed costs using the high-low method.'Do not round intermediate calculations.) 1. Estimate both the variable costs per unit and the total monthly fixed costs using the high-low method. (Do not round intermediate calculations.)

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students