BSA Corporation has observed the following processing costs at various levels of activity over the last...
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BSA Corporation has observed the following processing costs at various levels of activity over the last six months of 2022: Period 7 8 9 10 11 12 Units Produced 3,000 4,250 5,000 3,250 4,750 4,000 Total costs 21,500 24,000 25,000 22,000 24,000 23,000 Using the high-low method, determine the variable cost per unit and total fixed cost. (5 points) Period Units Produced (X) 7 В 9 10 11 12 Totals 3,000 4,250 5,000 3,250 4,750 4,000 Total costs (Y) 21,500 24,000 25,000 22,000 24,000 23,000 XY X² Using the Least Square Regression Analysis, determine the variable cost per unit and total fixed cost. (10 points) Using your answer in high-low method Y= a +bx, what is the estimated total cost if the level of production in January 2023 is 5,250 units? (2 points) Using your answer in least square regression analysis Y= a + bx, what is the estimated total cost if the level of production in February 2023 is 5,500 units? (3 points) BSA Corporation has observed the following processing costs at various levels of activity over the last six months of 2022: Period 7 8 9 10 11 12 Units Produced 3,000 4,250 5,000 3,250 4,750 4,000 Total costs 21,500 24,000 25,000 22,000 24,000 23,000 Using the high-low method, determine the variable cost per unit and total fixed cost. (5 points) Period Units Produced (X) 7 В 9 10 11 12 Totals 3,000 4,250 5,000 3,250 4,750 4,000 Total costs (Y) 21,500 24,000 25,000 22,000 24,000 23,000 XY X² Using the Least Square Regression Analysis, determine the variable cost per unit and total fixed cost. (10 points) Using your answer in high-low method Y= a +bx, what is the estimated total cost if the level of production in January 2023 is 5,250 units? (2 points) Using your answer in least square regression analysis Y= a + bx, what is the estimated total cost if the level of production in February 2023 is 5,500 units? (3 points)
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Related Book For
Managerial Accounting
ISBN: 978-0697789938
13th Edition
Authors: Ray H. Garrison, Eric W. Noreen, Peter C. Brewer
Posted Date:
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