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Required information. Problem 18-1A (Algo) Measuring costs using high-low method LO P1 [The following information applies to the questions displayed below.] Alden Company's monthly
Required information. Problem 18-1A (Algo) Measuring costs using high-low method LO P1 [The following information applies to the questions displayed below.] Alden Company's monthly data for the past year follow. Management wants to use these data to predict future variable and fixed costs. Month 1 Units Sold Total Cost Month Units Sold Total Cost 323,000 $ 160,500 7 357,000 $256,304 2 168,000 104,250 B 273,000 154,750 3 268,000 288,600 9 75,400 62,000 4 208,000 103,000 10 153,000 133,625 5 293,000 204,500 11 97,000 97,000 193,000 115,000 12 103,000 76,650 Problem 18-1A (Algo) Part 2 Problem 18-1A (Algo) Part 2 2. Predict future total costs when sales volume is (a) 384,000 units and (b) 424,000 units Units Predictions (a) (b) 384,000 424,000 Total $ 0 $ 0
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