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* Question 69 Sheridan Company accumulates the following data concerning a mixed cost, using units produced as the activity level March April May June July
* Question 69 Sheridan Company accumulates the following data concerning a mixed cost, using units produced as the activity level March April May June July Units Produced 10,100 9,050 10,600 8,880 9,590 Total Cost $15,428 14,476 16,156 14,006 14,956 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 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 Estimate the total cost if the company produces 8,200 units Total cost to produce 8,200 units
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