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Sandhill Company accumulates the following data concerning a mixed cost, using units produced as the activity level. Units Produced Total Cost March 10,070 $17,244 April
Sandhill Company accumulates the following data concerning a mixed cost, using units produced as the activity level. Units Produced Total Cost March 10,070 $17,244 April 9,100 16,070 May 10,600 17,598 June 8,910 15,570 July 9,660 16,450 Compute the unit variable costs using the high-low method. (Round answer to 2 decimal places e.g. 2.25.) Unit variable costs $ Compute the fixed costs using the high-low method. Fixed cost $ Using the information from your answer to above part, write the cost equation. -$ x units produced = Total cost Estimate the total cost if the company produces 9,500 units. Estimated total cost to produce 9,500 units $
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