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Alden Company's monthly data for the past year follow. Management wants to use these data to predict future variable and fixed costs. Month 1 2
Alden Company's monthly data for the past year follow. Management wants to use these data to predict future variable and fixed costs. Month 1 2 3 4 Units Sold 315.000 160,000 260,000 200.000 285,000 185,000 Total Cost $ 152,500 96.250 200,600 95.000 196,500 107.000 Month 7 B 9 10 11 12 Units Sold 365,000 265,000 77,000 145,000 89,000 95,000 Total Cost $ 314,800 146,750 70,000 125,625 89,000 86,650 1. Estimate both the variable costs per unit and the total monthly fixed costs using the high-low method. (Do not round intermediate calculations.) High-Low method - Calculation of variable cost per unit High-Low method - Calculation of fixed costs Total cost at the high point Variable costs at the high point Volume at the high point Variable cost per unit Total variable costs at the high point Total fixed costs Total cost at the low point Variable costs at the low point 1. Estimate both the variable costs per unit and the total monthly fixed costs using the high-low method. (Do not round intermediate calculations.) High-Low method - Calculation of variable cost per unit High-Low method - Calculation of fixed costs Total cost at the high point Variable costs at the high point: Volume at the high point Variable cost per unit Total variable costs at the high point Total foxed costs Total cost at the low point Variable costs at the low point Volume at the low point Variable cost per unit Total variable costs at the low point Totalford costs
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