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Do It! Review 5-2 Crane Company accumulates the following data concerning a mixed cost, using units produced as the activity level. Units Produced 9,970 March
Do It! Review 5-2 Crane Company accumulates the following data concerning a mixed cost, using units produced as the activity level. Units Produced 9,970 March April Total Cost $20,005 18,154 20,538 17,674 18,604 8,930 10,500 8,710 9,370 May June July Compute the variable cost per unit using the high-low method. (Round answer to 2 decimal places e.g. 2.25.) Variable cost per unit LINK TO TEXT Compute the fixed cost elements using the high-low method. Fixed cost LINK TO TEXT Using the information from your answer to above part, write the cost formula. + $ per unit produced - Total cost LINK TO TEXT Estimate the total cost of the company produces 9,000 units. Total cost to produce 9,000 units $ Show Work is REQUIRED for this question: Qren Show Work LINK TO TEXT
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