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Required information [ The following information applies to the questions displayed below. ] Alden Company's monthly data for the past year follow. Management wants to
Required information
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.
Estimate both the variable costs per unit and the total monthly fixed costs using the highlow method. Do not round intermediate
calculations.
For the boxes there are
Cost at high point minus cost at low point
Cost at low point minus cost at high point
Volume at high point minus volume at low point
Volume at low point minus volume at high point
And,
Change in cost
Change in volume
Total cost
Total volume
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