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Ivanhoe Company accumulates the following data concerning a mixed cost, using units produced as the activity level March April May une July Units Produced 10,150
Ivanhoe Company accumulates the following data concerning a mixed cost, using units produced as the activity level March April May une July Units Produced 10,150 9,000 10,600 8,790 9,490 Total Cost $18,124 16,507 18,762 16,047 16,937 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 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 f the company produces 8,10 units. Total cost to produce 8,100 units Click if you would like to Show Work for this question: Open Show Work
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