managerial accounting

Total Cost Units Produced $14,740 March 9,800 8,500 7,000 7,600 8,100 April May June 13,250 11,100 12,000 12,460 July Table.1 Byrnes Company accumulates the following data concerning a mixed cost, using units produced as the activity level. Q26 Using Table 1, compute the fixed cost element and mixed cost equation using the high-low method A. Fixed cost=2,000; mixed cost equation is y-2000+1.15*x B. Fixed cost 2,000; mixed cost equation is y-2000+1.3*x C. Fixed cost 1,500; mixed cost equation is y-1500+1.15*x D. Fixed cost-2,000; mixed cost equation is y-1,500+1.3*x Q27 Using Table 1, estimate the total cost if the company produces 8,000 units A. $10.400 B. $9800 C. $12.400 D. None of the Above