Question

Felix & Co. reports the following information about its unit sales and cost of sales. Period Units Sold cost of Sales Period Cost of sales Units Sold 2.110 2.510 3,528 4,243 1.310 3.310 Hint: (Draw an estimated line of cost behavior using a scatter diagram offline) Complete the below table to calculate the fixed cost and variable cost of sales by using the high-low method. x Answer is not complete. Change in cost Change in volume High-Low method - Calculation of variable cost per unit Cost at high point minus eestiwpoint Volume at high point minus volume at low point High-Low method - Calculation of food costs $ 9288.00 Total cost at the high point Varicosts at the high point Volume at the Nigh point Variable cost per unit Total variable costs at the high point Totaled costs units 3,710 1.35 6,008 50 4.279.50 Total cost at the low point Variable costs at the low point Volume at the low 1.35 Variable cost per unit $ Total variable at the low point Total feed costs Prev 1 of 9 Next > . 5 6 7

Answer 1

A felix & co High:100 method calcula Hon of variable cost per unit changes in cost cost at high point-cost at low point 6678 variable cast P.U. changes in Volume VOICH high point-Volo low point 3+ 10 = 180 high low method calculation of fixed Assets TOTCY cost at high point B9288 variable cost at the high point: vol at the high point 3710 units varable cast Pes unit 1. 80 roral vorable cost at high point: (6678) TOTOL Axed cost $12610 & 2610 oral cost of the low point Fariobie cost @ Low point: vol the low point variable cost pesunit TOTcal variable cost @ow point: rogal fixed costs o Onits X 1.80 10.00 $ 2610 Explonoton 3 cost at high point - cost at low point. vol. @ high point volume @ low Point is a 288 - $2610 37100 5 6678 370 $ 1.80 P.U