Question
Production level, in units 10,300 16,480 Variable costs $ 21,630 $ ?question mark Fixed costs ?question mark 37,100 Mixed costs 20,377 ?question mark Total costs
Production level, in units 10,300 16,480 Variable costs $ 21,630 $ ?question mark Fixed costs ?question mark 37,100 Mixed costs 20,377 ?question mark Total costs $ 79,107 $ 101,911 Required: Calculate the missing costs. Calculate the cost formula for mixed cost using the highlow method. Calculate the total cost that would be incurred for the production of 12,360 units. Identify the two key cost behavior assumptions made in the calculation of your answer to part c.
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- Required A
- Required B
- Required C
- Required D
Calculate the missing costs. Note: Do not round intermediate calculations.
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