5 1 3 points Required Information [The following information applies to the questions displayed below.] Alden...
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5 1 3 points 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 Total Cost Month Units Sold Total Cost 1 323,500 $ 161,000 7 356,500 eBook 2 168,500 104,750 8 273,500 $ 252,716 155,250 3 268,500 209,100 9 75,300 61,500 4 208,500 5 293,500 6 Print 193,500 103,500 205,000 115,500 10 153,500 134,125 11 12 97,500 103,500 97,500 78,150 References 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 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 High-Low method - Calculation of 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 0 5 1 3 points 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 Total Cost Month Units Sold Total Cost 1 323,500 $ 161,000 7 356,500 eBook 2 168,500 104,750 8 273,500 $ 252,716 155,250 3 268,500 209,100 9 75,300 61,500 4 208,500 5 293,500 6 Print 193,500 103,500 205,000 115,500 10 153,500 134,125 11 12 97,500 103,500 97,500 78,150 References 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 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 High-Low method - Calculation of 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 0
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