Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

any help is welcomed thanks Tashito Inc. has decided to use the high-low method to estimate the total cost and the forced and variable cost

any help is welcomed thanks
image text in transcribed
Tashito Inc. has decided to use the high-low method to estimate the total cost and the forced and variable cost components of the total cost. The data for vanous levels of produch are as follows: Units Produced Total Costs 3,300 1,300 5162,400 104,400 2,300 154,740 a. Determine the vantable cost per unit and the total led cost Variable cout (Round to two decimal places.) 29 X perunt Total xed cost 66,700 X b. Based on part() estimate the total cost for 1,660 units of production Total cost for 1,660 unit: 114,840

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Continuous Auditing Theory And Application

Authors: David Y. Chan, Victoria Chiu

1st Edition

1787434141, 978-1787434141

More Books

Students also viewed these Accounting questions