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The information in the table below contains data units produced and total costs for production at Bison Manufacturing. TTIT Units Produced 2,200 2,600 3,000
The information in the table below contains data units produced and total costs for production at Bison Manufacturing. TTIT Units Produced 2,200 2,600 3,000 3,400 3,800 Units Produced Period 6. Period Total Costs Total Costs $5,700 6,300 6,900 7,500 9,160 $2,700 3,300 3,900 4,500 5,100 600 7 1,000 1,400 1,800 8 4 10 Using the high-low method, estimate total costs if 3,200 units are produced. Complete the below table to calculate the fixed and variable cost of sales. High-Low method - Calculation of variable cost per unit Change in cost Cost at high point minus cost at low point High-Low method - Calculation of fixed costs Total cost at the high point $ 9,160.00 Variable costs at the high point: Volume at the high point: Variable cost per unit Total variable 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 Total variable costs at the low point Total fixed costs Estimated total cost
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