Homework Answers
Ans : Variable cost = (C1-C2) / (X1-X2)
C1 = Total cost at high activity level = $ 315,000
C2 = Total cost at Low activity level = $ 160,500
X1 = high activity level = 68,000
X2 = Low activity level = 29,000
Variable cost = ($ 315,000 - $ 160,500) / (68000 - 29000)
= $ 154,500 / 39000
= $ 3.96
Fixed cost = Total cost at high activity level - variable cost * units
= $ 315,000 - 3.96 * 68000
= 315000 - 269280
= $ 45720
Equation 3.96X +45720
Option A
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