Homework Answers
| High-Low method Calculation of variable cost per unit | |||||
|
Change in cost / Change in volume = Cost at High point - Cost at low point / Volume at high point - volume at low point |
170 | ||||
| =6260-3200/24-6 | |||||
| Total Cost at high point | 6260 | |
| Variable cost at high point | ||
| Volume at high point | 24 hours | |
| Variable cost per unit | 170 | |
| Total Variable cost at high point | 4080 | |
| Total Fixed cost | 2180 | |
| Total Cost at low Point | 3200 | |
| Volume at Low point | 6 | |
| Variable Cost per unit | 170 | |
| Total Variable cost at Low point | 1020 | |
| Total Fixed cost | 2180 | |
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QS 18-3 Cost behavior estimation-high-low method LO P1 The following information is available for a company's...
QS 18-3 Cost behavior estimation-high-low method LO P1 The following information is available for a company's...
QS 18-3 Cost behavior estimation-high-low method LO P1 The following information is available for a company's maintenance cost over the last seven months Units Produced 100 Month June July August September October November December 190 110 140 200 230 Maintenance cost $ 5,250 7.850 5.540 6,41e 8.15 9.02e 3,800 Using the high-low method, estimate both the fixed and variable components of its maintenance cost High Low method - Calculation of variable cost per maintenance hour Total cost at the high...
Check my QS 21-3 Cost behavior estimation-high-low method LO P1 The following information is available for...
Check my QS 21-3 Cost behavior estimation-high-low method LO P1 The following information is available for a company's maintenance cost over the last seven months intenance Maintenance Cos une July August September October 18 12 15 21 24 s5,e7e 8,130 6,090 7,110 9,158 10,170 4,850 December Using the high-low method, estimate both the fixed and variable components of its maintenance cost Total cost at the high point Variable costs at the high point Volume at the high poin Varlable cost...
Exercise 21-6 Cost behavior estimation-scatter diagram and high-low LO P1 Felix & Co. reports the following...
Exercise 21-6 Cost behavior estimation-scatter diagram and high-low LO P1 Felix & Co. reports the following information about its units produced and total costs. Units Produced Period 1 2 3 4 5 410 810 1,210 1,610 Total Costs $2,510 3,110 3,710 4,310 4,910 Period 6 7 8 9 Units Produced 2,010 2,410 2,810 3,210 3,610 Total Costs $5,510 6,110 6,710 7,310 8,286 LO Estimate total costs if 3,010 units are produced. Complete the below table to calculate the fixed cost...
Exercise 18-6 Cost behavior estimation-scatter diagram and high-low LO P1 Felix & Co. reports the following...
Exercise 18-6 Cost behavior estimation-scatter diagram and high-low LO P1 Felix & Co. reports the following Information about its units produced and total costs. points Units Produced Period Period Total Costs $2,700 3,300 3,980 4.500 608 1.ece 1.489 1.800 Units Produced 2,200 2.680 3.898 3,480 3,888 Total Costs $5.799 6,300 6,988 7.500 9. 160 eBook 5.100 le Hint Estimate total costs of 3.200 units are produced. Complete the below table to calculate the fixed cost and variable cost of sales...
Exercise 18-6 Cost behavior estimation-scatter diagram and high-low LO P1 Felix & Co. reports the following...
Exercise 18-6 Cost behavior estimation-scatter diagram and high-low LO P1 Felix & Co. reports the following information about its units produced and total costs. Units Units Period Period Produced Produced Total Costs Total Costs $2,630 3,230 3,830 4,430 5,030 2,130 2,530 2,930 3,330 3,730 $5,630 6,230 6,830 7,430 8,598 1 0 6 2 530 7 3 930 8 1,330 1,730 4 5 10 Estimate total costs if 3,130 units are produced. Complete the below table to calculate the fixed cost...
Check my work Exercise 18-6 Cost behavior estimation-scatter diagram and high-low LO P1 Felix & Co....
Check my work Exercise 18-6 Cost behavior estimation-scatter diagram and high-low LO P1 Felix & Co. reports the following information about its units produced and total costs. Period Period Units Produced 0 530 930 1,330 1,730 Total Costs $2,630 3,230 3,830 4,430 5,030 Oo oovo Units Produced 2,130 2,530 2,930 3,330 3,730 Total Costs $5,630 6,230 6,830 7,430 8,598 Estimate total costs if 3,130 units are produced. Complete the below table to calculate the fixed cost and variable cost of...
The following informations sable for company's maintenance cost over the last seven months Using the high-low method es...
The following informations sable for company's maintenance cost over the last seven months Using the high-low method estimate both the fixed and variable components of its maintenance cost High-Low method - Calolation of variable coct par maintenance hour Total cost at the high point Variable costs at the high point Volume ath point Variaticos por me non hour Total War is at the high point Total Todos Total cost at the low Variable costs at the low point Volume at...
Check my work The following information is available for a company's maintenance cost over the last...
Check my work The following information is available for a company's maintenance cost over the last seven months. Month July August September October November December Maintenance Hours Maintenance Cont 4,240 5.500 4,660 5,290 6.550 7,180 Using the high-low method, estimate both the fixed and variable components of its maintenance cost High-Low method - Calculation of variable cost per maintenance hour Total cost at the high point high point Variable costs at the high point Volume at the high point Variable...
Required information Problem 21-2A Cost behavior estimation LO P1 [The following information applies to the questions...
Required information Problem 21-2A Cost behavior estimation LO P1 [The following information applies to the questions displayed below.] Alden Co.'s monthly unit sales and total cost data for its operating activities of the past year follow. Management wants to use these data to predict future fixed and variable costs. Month 1 2 3 4 5 6 Units Sold 323,500 168,500 268,500 208,500 293,500 193,500 Total Cost $ 161,000 104,750 209,100 103,500 205,000 115,500 Month 7 8 9 10 11 12...
The following information is available for a company's maintenance cost over the last seven months. Month...
The following information is available for a company's maintenance cost over the last seven months. Month June July August September October November December Units Produced 90 180 120 150 210 240 Maintenance Cost $5,450 6,900 5, 100 6,000 6,900 8, 100 3,600 60 Using the high-low method, estimate both the fixed and variable components of its maintenance cost. Change in cost Change in volume High-Low method - Calculation of variable cost per maintenance hour Cost at high point minus cost...
QS 18-3 Cost behavior estimation-high-low method LO P1 The following information is available for a company's maintenance cost over the last seven months Units Produced 100 Month June July August September October November December 190 110 140 200 230 Maintenance cost $ 5,250 7.850 5.540 6,41e 8.15 9.02e 3,800 Using the high-low method, estimate both the fixed and variable components of its maintenance cost High Low method - Calculation of variable cost per maintenance hour Total cost at the high...
Check my QS 21-3 Cost behavior estimation-high-low method LO P1 The following information is available for a company's maintenance cost over the last seven months intenance Maintenance Cos une July August September October 18 12 15 21 24 s5,e7e 8,130 6,090 7,110 9,158 10,170 4,850 December Using the high-low method, estimate both the fixed and variable components of its maintenance cost Total cost at the high point Variable costs at the high point Volume at the high poin Varlable cost...
Exercise 21-6 Cost behavior estimation-scatter diagram and high-low LO P1 Felix & Co. reports the following information about its units produced and total costs. Units Produced Period 1 2 3 4 5 410 810 1,210 1,610 Total Costs $2,510 3,110 3,710 4,310 4,910 Period 6 7 8 9 Units Produced 2,010 2,410 2,810 3,210 3,610 Total Costs $5,510 6,110 6,710 7,310 8,286 LO Estimate total costs if 3,010 units are produced. Complete the below table to calculate the fixed cost...
Exercise 18-6 Cost behavior estimation-scatter diagram and high-low LO P1 Felix & Co. reports the following Information about its units produced and total costs. points Units Produced Period Period Total Costs $2,700 3,300 3,980 4.500 608 1.ece 1.489 1.800 Units Produced 2,200 2.680 3.898 3,480 3,888 Total Costs $5.799 6,300 6,988 7.500 9. 160 eBook 5.100 le Hint Estimate total costs of 3.200 units are produced. Complete the below table to calculate the fixed cost and variable cost of sales...
Exercise 18-6 Cost behavior estimation-scatter diagram and high-low LO P1 Felix & Co. reports the following information about its units produced and total costs. Units Units Period Period Produced Produced Total Costs Total Costs $2,630 3,230 3,830 4,430 5,030 2,130 2,530 2,930 3,330 3,730 $5,630 6,230 6,830 7,430 8,598 1 0 6 2 530 7 3 930 8 1,330 1,730 4 5 10 Estimate total costs if 3,130 units are produced. Complete the below table to calculate the fixed cost...
Check my work Exercise 18-6 Cost behavior estimation-scatter diagram and high-low LO P1 Felix & Co. reports the following information about its units produced and total costs. Period Period Units Produced 0 530 930 1,330 1,730 Total Costs $2,630 3,230 3,830 4,430 5,030 Oo oovo Units Produced 2,130 2,530 2,930 3,330 3,730 Total Costs $5,630 6,230 6,830 7,430 8,598 Estimate total costs if 3,130 units are produced. Complete the below table to calculate the fixed cost and variable cost of...
The following informations sable for company's maintenance cost over the last seven months Using the high-low method estimate both the fixed and variable components of its maintenance cost High-Low method - Calolation of variable coct par maintenance hour Total cost at the high point Variable costs at the high point Volume ath point Variaticos por me non hour Total War is at the high point Total Todos Total cost at the low Variable costs at the low point Volume at...
Check my work The following information is available for a company's maintenance cost over the last seven months. Month July August September October November December Maintenance Hours Maintenance Cont 4,240 5.500 4,660 5,290 6.550 7,180 Using the high-low method, estimate both the fixed and variable components of its maintenance cost High-Low method - Calculation of variable cost per maintenance hour Total cost at the high point high point Variable costs at the high point Volume at the high point Variable...
Required information Problem 21-2A Cost behavior estimation LO P1 [The following information applies to the questions displayed below.] Alden Co.'s monthly unit sales and total cost data for its operating activities of the past year follow. Management wants to use these data to predict future fixed and variable costs. Month 1 2 3 4 5 6 Units Sold 323,500 168,500 268,500 208,500 293,500 193,500 Total Cost $ 161,000 104,750 209,100 103,500 205,000 115,500 Month 7 8 9 10 11 12...
The following information is available for a company's maintenance cost over the last seven months. Month June July August September October November December Units Produced 90 180 120 150 210 240 Maintenance Cost $5,450 6,900 5, 100 6,000 6,900 8, 100 3,600 60 Using the high-low method, estimate both the fixed and variable components of its maintenance cost. Change in cost Change in volume High-Low method - Calculation of variable cost per maintenance hour Cost at high point minus cost...
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