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Do It! Review 18-2 a-c Pharoah Company accumulates the following data concerning a mixed cost,...

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Accounting

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Do It! Review 18-2 a-c Pharoah Company accumulates the following data concerning a mixed cost, using units produced as the activity level. March April Units Produced Total Cost 9,950 $15,312 8,860 14,263 10,400 15,885 8,690 13,833 9,390 14,753 May June July (a1) Compute the variable cost per unit using the high-low method. (Round answer to 2 decimal places e.g. 2.25.) Variable cost per unit ly (a2) Compute the fixed cost elements using the high-low method. Fixed cost $ Using the information from your answer to above part, write the cost formula + $ per unit produced = Total cost MacBook DD 80 F3 DOD DOO F4 00 57 DIL FB FO A # 3 & 7 4 2 5 6 8 9 W E R. T Y U (a2) Compute the fixed cost elements using the high-low method. Fixed cost 2710 (b) Using the information from your answer to above part, write the cost formula. Hy + $ per unit produced = Total cost (c) Estimate the total cost if the company produces 8,300 units. Total cost to produce 8,300 units $

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