Required Information The Following Information Applies To The Questions Displayed Below Alden Company S Monthly Data 1 (31.14 KiB) Viewed 6 times
Required Information The Following Information Applies To The Questions Displayed Below Alden Company S Monthly Data 2 (26.01 KiB) Viewed 6 times
Required information. [The following information applies to the questions displayed below] 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 5 324,000 169,000 269,000 209,000 294,000 194,000 Total Cost Month $ 161,500 7 105,250 8 209,600 9 10 11 12 104,000 205,500 116,000 Units Sold 356,000 274,000 75,200 154,000 98,000 104,000 Total Cost $ 249,136 155,750 61,000 134,625 98,000 77,650 1. Estimate both the variable costs per unit and the total monthly fixed costs using the high-low method. (Do not round intermediate calculations.) High-Low method - Calculation of variable cost per unit Hinh-low mathod-Calculation of fixed costs
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 Variable costs at the low point: Volume at the low point: Variable cost per unit Total variable costs at the low point Total fixed costs High-Low method - Calculation of variable cost per unit High-Low method - Calculation of fixed costs
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