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The following data have been extracted from the records of Puzzle Inc.: Production level, in units Variable costs Fixed costs Mixed costs Total costs February
The following data have been extracted from the records of Puzzle Inc.: Production level, in units Variable costs Fixed costs Mixed costs Total costs February 8,400 $18,480 ? 21,544 $78,624 August 16,800 $ 38,600 $ 111,048 Required: a. Calculate the missing costs. b. Calculate the cost formula for mixed cost using the high-low method. c. Calculate the total cost that would be incurred for the production of 12,133 units. d. Identify the two key cost behavior assumptions made in the calculation of your answer to part c. Complete this question by entering your answers in the tabs below. Required A Required B Required C Required D Calculate the missing costs. (Do not round intermediate calculations.) August 16,800 Production level, in units Variable costs February 8,400 $ 18,480 38,600 21,544 $ 78,624 Fixed costs 38,600 Mixed costs Total costs $ 111,048 The following data have been extracted from the records of Puzzle Inc.: Production level, in units Variable costs Fixed costs Mixed costs Total costs February 8,400 $18,480 ? 21,544 $78,624 August 16,800 ? 38,600 ? $111,048 Required: a. Calculate the missing costs. b. Calculate the cost formula for mixed cost using the high-low method. c. Calculate the total cost that would be incurred for the production of 12,133 units. d. Identify the two key cost behavior assumptions made in the calculation of your answer to part c. Complete this question by entering your answers in the tabs below. Required A Required B Required C Required D Calculate the cost formula for mixed cost using the high-low method. (Do not round intermediate calculations. Round "Variable rate" to 2 decimal places.) Cost formula per unit The following data have been extracted from the records of Puzzle Inc.: Production level, in units Variable costs Fixed costs Mixed costs Total costs February 8,400 $18.480 ? 21,544 $78,624 August 16,800 ? 38,600 ? $111,048 Required: a. Calculate the missing costs. b. Calculate the cost formula for mixed cost using the high-low method. c. Calculate the total cost that would be incurred for the production of 12,133 units. d. Identify the two key cost behavior assumptions made in the calculation of your answer to part c. Complete this question by entering your answers in the tabs below. Required A Required B Required C Required D Calculate the total cost that would be incurred for the production of 12,133 units. (Do not round intermediate calculations.) Total cost The following data have been extracted from the records of Puzzle Inc.: Production level, in units Variable costs Fixed costs Mixed costs Total costs February 8,400 $18,480 ? 21,544 $78,624 August 16,800 $ ? 38,600 $111,048 Required: a. Calculate the missing costs. b. Calculate the cost formula for mixed cost using the high-low method. c. Calculate the total cost that would be incurred for the production of 12,133 units. d. Identify the two key cost behavior assumptions made in the calculation of your answer to part c. Complete this question by entering your answers in the tabs below. Required A Required B Required C Required D Identify the two key cost behavior assumptions made in the calculation of your answer to part c. Cost behavior pattern is Relevant range
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