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bilio Files Company is the chief competitor of Cover-to-Cover Company in the bookshelf business. Biblo Files is analyzing is manufacturing costs, and has compiled the
bilio Files Company is the chief competitor of Cover-to-Cover Company in the bookshelf business. Biblo Files is analyzing is manufacturing costs, and has compiled the following data for the first six months of the year. Alter reviewing the data, answer questions (1) through (3) erat follow. Total Cost Number of Units Produced 4,360 275 January February March April 565.000 6.250 15,000 1.000 73,750 May 4,778 1.750 3,015 32,500 48.000 June 1. From the data previously provided help Biblo Files Company estimate the food and variable portions of its total costs using the high vow method. Recall that Total Costs - (Variable Cost Per Limit x Number of Unts Produced) + Fixed Cost. Complete the following fabile. Total Fixed Cost Variable Cost per Unit S Points 012 High-Low Shaded cells have foodback 32,500 May June 1,750 3,015 48.000 1. From the data previously provided, help Bibilio Files Company estimate the food and variable portions of its total costs using the high-low method. Recall that Total Costs = (Variable Cost Per Unitx Number of Units Produced) + Fixed Cost. Complete the following table Total Fixed Cost Variable Cost per Unit 0 Points: 012 2. With your Total Fixed Cost and Variable Cost per Unit from the high-low method, compute the total cost for the following values of N (Number of Units Produced). Number of Units Produced Total Cost 3,500 . 4,360 4.775 Points 073
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