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Question 1 • Time: 10 minutes • Total: 5 marks Dundar Mifflin makes electronic products for the RCMP. The following data is f
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Answer #1

High low method variable cost per unit = ( Highest activity cost - Lowest Activity cost)/(Highest activity - Lowest activity)

=( 304,575 - 158,300)/(59,500 - 27,600)

= 146,275/31,900

= $4.585

Fixed cost = Highest activity cost - ( Variable cost per unit * Highest activity)

= 304,575 - (4.585*59,500)

= $31,767.50

B)

Total cost @ activity 44,000 machine hours

= Fixed cost + Variable cost

= 31,767.50 + (44,000*4.585)

= $233,507.50

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