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A department of Delta Company incurred the following costs for the month of June. Variable costs, and the variable portion of mixed costs, are a
A department of Delta Company incurred the following costs for the month of June. Variable costs, and the variable portion of mixed costs, are a function of the number of units of activity: Activity level in units Variable costs Fixed costs Mixed costs 3,500 $ 6,300 33,000 21,480 $ 60,780 Total costs During July, the activity level was 7,400 units, and the total costs incurred were $69,000. Required: a. Calculate the variable costs, fixed costs, and mixed costs incurred during July. b. Use the high-low method to calculate the cost formula for mixed cost. Complete this question by entering your answers in the tabs below. Required A Required B Use the high-low method to calculate the cost formula for mixed cost. Note: Do not round intermediate calculations and round your answers to 2 decimal places. Cost formula per unit < Required A Required B> A department of Delta Company incurred the following costs for the month of June. Variable costs, and the variable portion of mixed costs, are a function of the number of units of activity: Activity level in units Variable costs Fixed costs 3,500 $ 6,300 33,000 Mixed costs Total costs 21,480 $ 60,780 During July, the activity level was 7,400 units, and the total costs incurred were $69,000. Required: a. Calculate the variable costs, fixed costs, and mixed costs incurred during July. b. Use the high-low method to calculate the cost formula for mixed cost. Complete this question by entering your answers in the tabs below. Required A Required B Calculate the variable costs, fixed costs, and mixed costs incurred during July. July Variable cost Fixed cost Mixed cost Required A Required B>
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