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Required information Problem 21-1A (Algo) Measuring costs using high-low method LO P1 [The following information applies to the questions displayed below.] Alden Company's monthly data
Required information Problem 21-1A (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 2 3 4 5 6 7 8 9 10 11 12 Units Sold 317,000 162,000 262,000 202,000 287,000 187,000 363,000 267,000 76,600 147,000 91,000 97,000 Total Cost $ 154,500 98,250 202,600 97,000 198,500 109,000 299,984 148,750 68,000 127,625 91,000 84,650 Problem 21-1A (Algo) Part 2 2. Predict future total costs when sales volume is (a) 374,000 units and (b) 414,000 units. 374,000 units 414,000 units Total cost
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