The following information is available for a company's maintenance cost over the last seven months. 12 Month Units Produced Maintenance Cost July 110 6, 400 August 8 01:16:37 October November December Using the high-low method, estimate both the fixed and variable components of its maintenance cost. High-Low method - Calculation of variable cost per unit produced Total cost at the high point Variable costs at the high point: Volume at the high point: Variable cost per unit produced ble 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 produced Total variable costs at the low point Total fixed costs 13 Compute the contribution margin ratio and fixed costs using the following data. Sales $ 4,800 Variable costs $ 2,976 Income $ 520 Contribution Margin Contribution margin Contribution Margin Ratio Numerator: | Denominator: = Contribution Margin Ratio Contribution margin ratio Fixed Cost 14 Viva sells its waterproof phone case for $85 per unit. Fixed costs total $193,800, and variable costs are $34 per unit. (1) Determine the contribution margin per unit per unit 8 01:16:17 per unit Contribution margin per unit 2) Determine the break-even point in units. Numerator: Denominator : = Break Even Units Break even units 15 Required information (The following information applies to the questions displayed below.] Vintage Company reports the following information. Direct materials $ 9.20 per unit Direct labor Variable overhead 30.20 per unit Fixed overhead $ 86, 400 per year Compute product cost per unit under variable costing. (Round your answers to 2 decimal places.) Product cost per unit using variable costing Per unit Direct labor Direct materia 19 20 Variable overhead Product cost per unit Based on predicted production of 25,000 units, a company budgets $310,000 of fixed costs and $375,000 of variable costs. If the 22 company actually produces 18,800 units, what are the flexible budget amounts of fixed and variable costs? .