Question
A department of Alpha Co. incurred the following costs for the month of September. Variable costs, and the variable portion of mixed costs, are a
A department of Alpha Co. incurred the following costs for the month of September. Variable costs, and the variable portion of mixed costs, are a function of the number of units of activity:
Activity level in units | 6,000 | |
Variable costs | $ | 13,200 |
Fixed costs | 29,000 | |
Mixed costs | 18,440 | |
Total costs | $ | 60,640 |
During October, the activity level was 8,800 units, and the total costs incurred were $68,500. Required: a. Calculate the variable costs, fixed costs, and mixed costs incurred during October.
Answer is complete and correct.
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b. Use the highlow method to calculate the cost formula for mixed cost. (Do not round intermediate calculations and round your answers to 2 decimal places.)
Answer is complete but not entirely correct.
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I cant figure out the first part of b.
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