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Required information [The following information applies to the questions displayed below.] Alden Co.'s monthly unit sales and total cost data for its operating activities of
Required information [The following information applies to the questions displayed below.] Alden Co.'s monthly unit sales and total cost data for its operating activities of the past year follow. Management wants to use these data to predict future fixed and variable costs. Total Cost Total Cost Month Units Sold Month Units Sold $296,300 149,250 67,500 128,125 91,500 84,150 $155,000 1 317,500 7 362,500 267,500 76,500 147,500 91,500 97,500 162,500 262,500 202,500 287,500 187,500 2 98,750 203,100 97,500 199,000 109,500 4. 10 11 6 12 stimate both the variable costs per unit and the total monthly fixed costs using the high-low method. (Do not round intermediate -culations.) High-Low method - Calculation of Variable Cost per unit Cost at high point minus cost at low point Change in cost 0 Change in volume Volume at high point minus volume at low point High-Low method - Calculation of Fixed Costs tal cost at the high point 296,300.00 riable costs at the high point Volume at the high point 362,500 units sold Variable cost per unit
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