Question
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 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 Total costs 5,000 $ 11,000 31,000 16,020 $ 58,020 During July, the activity level was 9,400 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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Get StartedRecommended Textbook for
Accounting What the Numbers Mean
Authors: David H. Marshall, Wayne W. McManus, Daniel F. Viele,
9th Edition
978-0-07-76261, 0-07-762611-7, 9780078025297, 978-0073527062
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