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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 use these
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. Month Units Sold Total Cost Month Units Sold Total Cost 1 317,500 $ 155,000 7 362,500 $ 296,300 2 162,500 98,750 8 267,500 3 262,500 203,100 9 76,500 4 202,500 97,500 10 147,500 5 287,500 199,000 11 187,500 109,500 12 91,500 97,500 149,250 67,500 128,125) 91,500 84,150 1. Estimate both the variable costs per unit and the total monthly fixed costs using the high-low method. (Do not round intermediate calculations.) High-Low method - Calculation of variable cost per unit 4 202,500 202,500 287.500 187,500 203,100 9 16,500 67,500 97,500 10 147,5001 128,125 199,000 109,500 11 91,500. 12 97,500 91,500 84,150. 1. Estimate both the variable costs per unit and the total monthly fixed costs using the high-low method. (Do not round intermediate calculations.) High-Low method - Calculation of variable cost per unit Total cost at the high point Variable costs at the high point: Volume at the high point: Variable cost per unit Total variable costs at the high point Total fixed costs High-Low method- Calculation of fixed costs Total cost at the low point Variable costs at the low point: Volume at the low point: Variable cost per unit Total variable costs at the low point Total fixed costs) 0
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