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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 11.500 August 19,550 $25,300 $ ? ? 34,500 22.155 ? $81,955 $112. 304 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 16,100 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.) February August Production level, in units 11,500 19,550 Variable costs S 25,300 Fixed costs 34,500 Mixed costs Total costs 22,155 $ 81,955 $ 112,304 Required A Required B > 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 11,500 August 19,550 $25,300 $ ? 34,500 22.156 ? $81,955 $112, 304 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 16,100 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 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 Angust 11,500 19.550 $25,300 $ 34.500 22.155 ? $81.955 $112.304 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 16,100 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 Require c Required D Calculate the total cost that would be incurred for the production of 16,100 units. (Do not round intermediate calculations.) Total cost < Required B Required D > 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 11,500 August 19,550 $25,300 $ 9 ? 34,500 22, 155 2 $81, 9554 $112,304 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 16,100 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 < Required C Required D >
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