The data below have been taken from the cost records of the Atlanta Processing Company. The data relate to the cost of o
Posted: Sun Jul 03, 2022 3:57 pm
Company. The data relate to the cost of operating one of the company's processing facilities at various levels of activity: Required: 1. 2. 3. 4. 5. Month January. February March April May June July. August. Units Processed 8,000 4,500 7,000 8,800 3,750 6,000 What is the estimated total fixed cost? 3,200 5,000 COST FORMULA = Using the high-low method, estimate the cost formula for Atlanta Processing's total cost. TOTAL FIXED COSTS = What is the estimated variable cost per unit? Total Cost What is the estimated total cost if 7194 units are processed? $14,000 10,000 12,500 15,500 10,000 12,500 8,500 11,500 VARIABLE COSTS PER UNIT What is the relevant range of activity for this problem? RELEVANT RANGE = FROM_ ESTIMATED TOTAL COSTS = = _UNITS, TO UNITS
The data below have been taken from the cost records of the Atlanta Processing