Question
stion 8 Pharoah Company accumulates the following data concerning a mixed cost, using units produced as the activity level. Units Produced Total Cost March 9,950
stion 8 Pharoah Company accumulates the following data concerning a mixed cost, using units produced as the activity level. Units Produced Total Cost March 9,950 $15,312 April 8,860 14,263 May 10,400 15,885 June 8,690 13,833 July 9,390 14,753 Compute the variable cost per unit using the high-low method. (Round answer to 2 decimal places e.g. 2.25.) Variable cost per unit $ LINK TO TEXT Compute the fixed cost elements using the high-low method. Fixed cost $ LINK TO TEXT Using the information from your answer to above part, write the cost formula. $ + $ per unit produced = Total cost LINK TO TEXT Estimate the total cost if the company produces 8,300 units. Total cost to produce 8,300 units $ Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT
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