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ces Alden Company's monthly data for the past year follow. Management wants to use these data to predict future variable and fixed costs. Month Units
ces Alden Company's monthly data for the past year follow. Management wants to use these data to predict future variable and fixed costs. Month Units Sold 1 2 3 4 5 6 317,000 162,000 262,000 202,000 287,000 187,000 Total Cost $ 154,500 98,250 202,600 97,000 198,500 109,000 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 Month Units Sold 363,000 267,000 7 8 9 76,600 147,000 10 11 91,000 12 97,000 Total Cost $ 299,984 148,750 68,000 1. Estimate both the variable costs per unit and the total monthly fixed costs using the high-low method. (Do not round intermediate calculations.) 127,625 91,000 84,650 High-Low method - Calculation of variable cost per unit High-Low method - Calculation of fixed costs 0
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