Ballard Corp has accumulated the following data concerning mixed costs. The company determined the relevant activity...
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Ballard Corp has accumulated the following data concerning mixed costs. The company determined the relevant activity range is based on units produced. Month January February March April May Required: Units produced Total cost 10,400 $ 18.850 9,000 $ 16,650 10,500 $ 18,750 8,800 $ 16,200 9,500 $ 17,100 A. Calculate the variable and fixed cost elements using the high-low method. B. Calculate the total cost if the company were to produce 8,500 units. C. Calculate the variable and fixed cost elements using Regression Analysis (Excel) Ballard Corp has accumulated the following data concerning mixed costs. The company determined the relevant activity range is based on units produced. Month January February March April May Required: Units produced Total cost 10,400 $ 18.850 9,000 $ 16,650 10,500 $ 18,750 8,800 $ 16,200 9,500 $ 17,100 A. Calculate the variable and fixed cost elements using the high-low method. B. Calculate the total cost if the company were to produce 8,500 units. C. Calculate the variable and fixed cost elements using Regression Analysis (Excel)
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A Using the highlow method High month March 10500 units 18750 cost Low ... View the full answer
Related Book For
Management Accounting
ISBN: 9780077185534
6th Edition
Authors: Will Seal, Carsten Rohde, Ray Garrison, Eric Noreen
Posted Date:
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