Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Need help with part B A department of Alpha Co. incurred the following costs for the month of September. Variable costs, and the variable portion

Need help with part Bimage text in transcribed

A department of Alpha Co. incurred the following costs for the month of September. Variable costs, and the variable portion of mixed costs, are a function of the number of units of activity: 4,500 Activity level in units Variable costs Fixed costs Mixed costs Total costs $9,000 31,000 21,500 $61,500 During October the activity level was 8,000 units, and the total costs incurred were $69,500 Required a. Calculate the variable costs, fixed costs, and mixed costs incurred during October Variable cost Fixed cost Mixed cost October $ 16,000 $ 31,000 $ 22,500 b. Use the high-low method to calculate the cost formula for mixed cost. (Do not round intermediate calculations and round your answers to 2 decimal places.) t formula 0.29 per unit

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

A Step By Step Guide To Doing An Internal Audit Of Your Supply Chain

Authors: Barden Gonzalez

1st Edition

B0BZFCVLBR, 979-8388637338

More Books

Students also viewed these Accounting questions