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PLEASE ANSWER THE QUESTIONS IN THE EXACT FORMAT LISTED AND SHOW ALL WORK FOR CALCULATIONS Stuart Woodcraft Company manufactures antique wooden cabinets to house modern

PLEASE ANSWER THE QUESTIONS IN THE EXACT FORMAT LISTED AND SHOW ALL WORK FOR CALCULATIONS

Stuart Woodcraft Company manufactures antique wooden cabinets to house modern televisions. The Company began operations in January of last year. Sidney Myrick, the owner, asks for your assistance. He believes that he needs to better understand the cost of the cabinets for pricing purposes. You have collected the following data concerning actual production over the past year:

Number of
Month Cabinets Produced Total Cost
January 830 $ 21,000
February 3,630 32,600
March 1,900 29,100
April 600 18,200
May 1,620 28,600
June 1,280 27,700
July 1,120 25,600
August 1,780 31,900
September 2,340 32,900
October 3,000 31,300
November 3,250 33,000
December 400 6,760

Required

To understand the departments cost behavior, you decide to plot the points on graph paper and sketch a total cost line.

(1) Enter the number of units and their costs in increasing order.

Using the high-low method, compute the total cost equation for the preceding data.

(1) Compute the variable cost per unit.

(2) Compute total fixed costs.

(4) Calculate the total cost assuming 2,100 cabinets are made.

Complete this question by entering your answers in the tabs below.

Required A

Required B

Enter the number of units and their costs in increasing order.

Month Number of Cabinets Produced Total Cost

Complete this question by entering your answers in the tabs below.

Required A

Required B

Using the high-low method, compute the total cost equation for the preceding data. Compute the variable cost per unit, total fixed costs, and total cost assuming 2,100 cabinets are made. (Round variable cost per unit answer to 4 decimal places.)

Variable cost per unit
Total fixed costs
Total costs

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