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2. (30 points) Voyageurs Company collected the following data to assess certain costs that cannot be easily identified as either fixed or variable. Cost Units
2. (30 points) Voyageurs Company collected the following data to assess certain costs that cannot be easily identified as either fixed or variable. Cost Units Month January February March April May June July August September October November December 67,120 67,130 68,930 53,090 56,880 64,400 59,930 58,300 71,310 67,450 56,890 57,800 1,860 2,140 2,040 1,520 1,640 1,700 1,540 1,400 2,180 2,100 1,420 1,400 Voyageurs decided to use high-low method to estimate its cost function. Answer the following question using the high-law method. show your calculation. a) What is the slope coefficient? b) What is the constant (intercept)? 1. c) What is the estimated cost function? d) What is the estimated total cost at an operating level of 2,000 units (show your calculation)? e) What is the estimated total cost at an operating level of 77,000 units? 2. (30 points) Voyageurs Company collected the following data to assess certain costs that cannot be easily identified as either fixed or variable. Cost Units Month January February March April May June July August September October November December 67,120 67,130 68,930 53,090 56,880 64,400 59,930 58,300 71,310 67,450 56,890 57,800 1,860 2,140 2,040 1,520 1,640 1,700 1,540 1,400 2,180 2,100 1,420 1,400 Voyageurs decided to use high-low method to estimate its cost function. Answer the following question using the high-law method. show your calculation. a) What is the slope coefficient? b) What is the constant (intercept)? 1. c) What is the estimated cost function? d) What is the estimated total cost at an operating level of 2,000 units (show your calculation)? e) What is the estimated total cost at an operating level of 77,000 units
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