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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
Total costs $
During July, the activity level was units, and the total costs incurred were $
Required:
Calculate the variable costs, fixed costs, and mixed costs incurred during July.
Use the highlow method to calculate the cost formula for mixed cost.
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