Answer is C . $1.10, while total fixed costs are $800
Explanation;
Apex Industries accumulates the following data concerning a mixed cost, using units produced as the activity...
Sheridan Company accumulates the following data concerning a mixed cost, using units produced as the activity level. March April May June July Units Produced 10,050 8,900 10,500 8,730 9,410 Total Cost $17,285 15,853 17,547 15,423 16,273 Compute the variable cost per unit using the high-low method. (Round answer to 2 decimal places e.g. 2.25.) Variable cost per unit Compute the fixed cost elements using the high-low method. Fixed costs Using the information from your answer to above part, write the...
Martinez Company accumulates the following data concerning a mixed cost, using units produced as the activity level. \ Show Work 1. Compute the variable cost per unit using the high-low method. (Round variable cost per unit to 2 decimal places e.g. 12.25.) 2. Compute the fixed cost elements using the high-low method. (Round answer to 0 decimal places, e.g. 5,275.) 3. Estimate the total cost if the company produces 8,100 units. (Round answer to 0 decimal places, e.g. 5,275.) Martinez...
Do It! Review 18-2 Westerville Company accumulates the following data concerning a mixed cost, using units produced as the activity level March April May June July Units Produced 9,950 9,050 10,400 8,900 9,550 Total Cost $13,240 12,690 13,940 12,290 13,140 Compute the variable cost per unit using the high-low method. (Round variable cost per unit to 2 decimal places e.g. 12.25.) Variable cost per unit LINK TO TEXT Compute the fixed cost elements using the high-low method. (Round answer to...
Bruno Company accumulates the following data concerning a mixed cost, using miles as the activity level. Miles Driven Total Cost Miles Driven Total Cost January 7,995 $14,200 March 8,510 $15,010 February 7,510 13,510 April 8,195 14,495 Compute the variable cost per mile using the high-low method. (Round variable cost per mile to 2 decimal places e.g. 1.25.) Variable cost per mile $ Compute the fixed cost elements using the high-low method. Fixed costs $
Do It! Review 11-2 Sheffield Company accumulates the following data concerning a mixed cost, using units produced as the activity level. Total Cost March April Units Produced 10,130 9,230 10,600 9,040 9,770 May June July $26,560 24,132 27,310 23,722 24,572 x Your answer is incorrect. Try again. Compute the variable cost per unit using the high-low method. (Round variable cost per unit to 2 decimal places e.g. 12.25.) Variable cost per unit 1.81 Your answer is incorrect. Try again. Compute...
vuu Corporation accumulates the following data concerning a mixed cost, using miles as the activity level. Miles Driven Total Cost Miles Driven Total Cost January 10,000 $16,500 March 9,000 $12,500 February 8,000 $14,500 April 7,000 $12,000 Instructions Compute the variable and fixed cost elements using the high-low method. 25. In the month of April, Avante Salon gave 2.500 haircuts, shampoos, and permanents at an average price of $40. During the month, fixed costs were $20,000 and variable costs were 75%...
Brief Exercise 18-04 Crane Company accumulates the following data concerning a mixed cost, using miles as the activity level. Miles Driven Total Cost Miles Driven Total Cost January 7,995 $14,200 March 8,550 $14,987 February 7,490 13,503 April 8,200 14,490 Compute the variable cost per mile using the high-low method. (Round answer to 2 decimal places, e.g. 2.25.) Variable cost per mile $ Compute the fixed cost elements using the high-low method. Fixed costs $
Brief Exercise 18-04 Blossom Company accumulates the following data concerning a mixed cost, using miles as the activity level. January February Miles Driven 7,990 7,485 Total Cost $14,100 13,468 March April Miles Driven 8,490 8,190 Total Cost $14,875 14,485 Compute the variable cost per mile using the high-low method. (Round answer to 2 decimal places, e.g. 2.25.) variable cost per miles Variable cost per mile LINK TO TEXT Compute the fixed cost elements using the high-low method. Fixed costs LINK...
Brief Exercise 18-04 Sunland Company accumulates the following data concerning a mixed cost, using miles as the activity level. January February Miles Driven 8,020 7,505 Total Cost $14,195 13,513 March April Miles Driven 8,550 8,205 Total Cost $14,976 14,485 Compute the variable cost per mile using the high-low method. (Round answer to 2 decimal places, e.g. 2.25.) Variable cost per mile $ Compute the fixed cost elements using the high-low method. Fixed costs $ Click if you would like to...
Question 1 Mace Company accumulates the following data concerning a mixed cost, using miles as the activity level. January 10.00 $15,000 13,500 4,400 12,500 February 8,00 March 9,000 7,500 April Instructions Compute the variable and fixed cost elements using the high-low method.