Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A department of Alpha Co. incurred the following costs for the month of September. Variable costs and the variable portion of mixed casts, are a

image text in transcribed
image text in transcribed
A department of Alpha Co. incurred the following costs for the month of September. Variable costs and the variable portion of mixed casts, are a function of the number of units of activity Activity level in units Variable costs Fixed costs Mixed costs Total costs 4,500 3.9.675 32.00 15,380 557,055 During October, the activity level was 8.800 units, and the total costs incurred were $68,000 Required: a. Calculate the variablo costs, foxed costs, and mixed costs incurred during October October Variable cost Fored cost Mixed Cou b. Use the high-low method to calculate the cost formula for mixed cost. (Do not round intermediate calculations and round your answers to 2 decimal places.) b. Use the high-low method to calculate the cost formula for mixed cost. (Do not round Intermediate calculations and round your answers to 2 decimal places.) Cost formula per unit

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

More Books

Students also viewed these Accounting questions

Question

What lessons can be learned from such cases?

Answered: 1 week ago

Question

Demonstrate three aspects of assessing group performance?

Answered: 1 week ago