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The following data have been extracted from the records of Puzzle Incorporated: Production level, in units Variable costs Fixed costs Mixed costs Total costs
The following data have been extracted from the records of Puzzle Incorporated: Production level, in units Variable costs Fixed costs Mixed costs Total costs Required: a. Calculate the missing costs. February 8,600 August 16,340 $ 24,080 ? $ ? 34,600 22,284 ? $ 80,964 $ 117,652 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 13,023 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. Note: Do not round intermediate calculations. Production level, in units February August 8,600 16,340 Required A Required B Required C Required D Calculate the missing costs. Note: Do not round intermediate calculations. February August Production level, in units 8,600 16,340 Variable costs $ 24,080 Fixed costs 34,600 Mixed costs 22,284 Total costs $ 80,964 $ 117,652 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 13,023 units. d. Identify the two key cost behavior assumptions made in the calculation of your answer t 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. Note: Do not round intermediate calculations. Round "Variable rate" to 2 decimal places. Cost formula = per unit < Required A Required C > 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 13,023 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 13,023 units. Note: Do not round intermediate calculations. Total cost 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 13,023 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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