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Check my wor 3 ! Required information Part 1 of 2 [The following information applies to the questions displayed below.) Alden Co.'s monthly unit sales
Check my wor 3 ! Required information Part 1 of 2 [The following information applies to the questions displayed below.) Alden Co.'s monthly unit sales and total cost data for its operating activities of the past year follow. Management wants to use these data to predict future fixed and variable costs. 6 points Month 1 2 3 Units Sold 316,000 161,000 261,000 201,000 286,000 186,000 Total Cost $153,500 97,250 201,600 96,000 197,500 108,000 Month 7 8 9 10 11 12 Units Sold 364,000 266,000 76,800 146,000 90,000 96,000 Total Cost $307,376 147,750 69,000 126,625 90,000 85,650 eBook 4 5 6 Print 1. Estimate both the variable costs per unit and the total monthly fixed costs using the high-low method. (Do not round intermediate calculations.) References Change in cost Variable cost per unit = 0.83 Change in volume High-Low method - Calculation of Variable Cost per unit $ Cost at high point minus cost at low point 238,376 Volume at high point minus volume at low point 287,200 High-Low method - Calculation of Fixed Costs $ 307,376.00 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 364,000 units sold 0.83 Total fixed 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 Total fixed costs
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