A company's total cost and the associated units produced are given below: MONTH JANUARY FEBRUARY MARCH...

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A company's total cost and the associated units produced are given below: MONTH JANUARY FEBRUARY MARCH APRIL MAY TOTAL UTILITY COSTS S 20,000 25,000 45,000 50,000 76,000 UNITS PRODUCED [x] 200 400 600 800 1000 The company is interested in separating the total costs into its fixed component and Variable component for effective planning. Assume that selling price of the product is $90 per unit. You are required to: 1) State 4 methods of separating mixed costs into variable and fixed components. 2) Use high-low point method to arrive at the total cost function. 3) Use your total cost function to estimate the total cost and total revenue if units produced are 5000. 4) Calculate Break Even Quantity and amount and show it with the help of graph. 5) Calculate the Quantity to make a profit of $ 100,000. A company's total cost and the associated units produced are given below: MONTH JANUARY FEBRUARY MARCH APRIL MAY TOTAL UTILITY COSTS S 20,000 25,000 45,000 50,000 76,000 UNITS PRODUCED [x] 200 400 600 800 1000 The company is interested in separating the total costs into its fixed component and Variable component for effective planning. Assume that selling price of the product is $90 per unit. You are required to: 1) State 4 methods of separating mixed costs into variable and fixed components. 2) Use high-low point method to arrive at the total cost function. 3) Use your total cost function to estimate the total cost and total revenue if units produced are 5000. 4) Calculate Break Even Quantity and amount and show it with the help of graph. 5) Calculate the Quantity to make a profit of $ 100,000. A company's total cost and the associated units produced are given below: MONTH JANUARY FEBRUARY MARCH APRIL MAY TOTAL UTILITY COSTS S 20,000 25,000 45,000 50,000 76,000 UNITS PRODUCED [x] 200 400 600 800 1000 The company is interested in separating the total costs into its fixed component and Variable component for effective planning. Assume that selling price of the product is $90 per unit. You are required to: 1) State 4 methods of separating mixed costs into variable and fixed components. 2) Use high-low point method to arrive at the total cost function. 3) Use your total cost function to estimate the total cost and total revenue if units produced are 5000. 4) Calculate Break Even Quantity and amount and show it with the help of graph. 5) Calculate the Quantity to make a profit of $ 100,000. A company's total cost and the associated units produced are given below: MONTH JANUARY FEBRUARY MARCH APRIL MAY TOTAL UTILITY COSTS S 20,000 25,000 45,000 50,000 76,000 UNITS PRODUCED [x] 200 400 600 800 1000 The company is interested in separating the total costs into its fixed component and Variable component for effective planning. Assume that selling price of the product is $90 per unit. You are required to: 1) State 4 methods of separating mixed costs into variable and fixed components. 2) Use high-low point method to arrive at the total cost function. 3) Use your total cost function to estimate the total cost and total revenue if units produced are 5000. 4) Calculate Break Even Quantity and amount and show it with the help of graph. 5) Calculate the Quantity to make a profit of $ 100,000.

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The detailed answer for the above question is provided below 1 Methods of separating mixed costs into variable and fixed components include a Scattergraph method This method involves plotting the data ... View the full answer