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Baird Woodcraft Company manufactures antique wooden cabinets to house modern televisions. The Company began operations in January of last year. Sidney Myrick, the owner, asks
Baird Woodcraft Company manufactures "antique" wooden cabinets to house modern televisions. The Company began operations in January of last year. Sidney Myrick, the owner, asks for your assiatance. He believes that he needs to better understand the cost of the cobinets for pricing purposes. You have collected the following dato concerning actual production over the post yesr. Required a. To understand the department's cost behsvior, you decide to plot the points on groph poper and sketch a total cost line. (1) Enter the number of units and their costs in increasing order. b. Using the high-low method, compute the total cost equation for the preceding dats. (1) Compute the variable cost per unit. (2) Compute total fixed costs. (4) Calculate the total cost assuming 2,800 cabinets are mede. Complete this question by entering your answers in the tabs below. Enter the number of units and their costs in increasing order. Using the high-low method, compute the total cost equation for the preceding data. Compute the variable cost per unit, total fixed costs, and total cost assuming 2,800 cabinets are made
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