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1 [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
1 [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. Part 1 of 2 Month 1 2 3 4 5 6 Units Sold 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 Month 7 8 9 10 11 12 Units Sold 363,000 267,000 76, 600 147,000 91,000 97,000 Total Cost $ 299, 984 148,750 68,000 127,625 91,000 84, 650 10 points eBook 1. Estimate both the variable costs per unit and the total monthly fixed costs using the high-low method. (Do not round intermediate calculations.) Print Change in cost Change in volume High-Low method - Calculation of variable cost per unit Cost at high point minus cost at low point Volume at high point minus volume at low point High-Low method - 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
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