Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The below information is provided by Mango International concerning its units produced and total costs. Period Units Produced Period NM 480 880 1,280 1,680 Total

image text in transcribed

The below information is provided by Mango International concerning its units produced and total costs. Period Units Produced Period NM 480 880 1,280 1,680 Total Costs $2,580 3,180 3,780 4,380 4,980 Units Produced 2,080 2,480 2,880 3,280 3,680 Total Costs $5,580 6,180 6,780 7,380 8,836 Estimate total costs if 3,080 units are produced. Complete the below table to calculate the fixed cost and variable cost of sales by using the high-low method. High-Low method - Calculation of variable cost per unit High-Low method - Calculation of fixed costs 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 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 Estimated total cost

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Introduction To Data Analytics For Accounting

Authors: Vernon Richardson, Katie Terrell, Ryan Teeter

1st Edition

126406828X, 978-1264068289

More Books

Students also viewed these Accounting questions