The following data have been extracted from the records of Puzzle Incorporated:

February August

Production level, in units $9,20020,240$

Variable costs $ $19,320$ $ $?$question mark

Fixed costs $?$question mark $35,900$

Mixed costs $16,312?$question mark

Total costs $ $71,532$ $ $106,970$

Required:

Calculate the missing costs.

Calculate the cost formula for mixed cost using the high$$low method.

Calculate the total cost that would be incurred for the production of $12,880$ units.

Identify the two key cost behavior assumptions made in the calculation of your answer to part c$.$The following data have been extracted from the records of Puzzle Incorporated:

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 $12,880$ units.

d$.$ Identify the two key cost behavior assumptions made in the calculation of your answer to part c$.$

Answer is not complete.

Complete this question by entering your answers in the tabs below.

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.