The following data have been extracted from the records of Puzzle Inc.: Required: a. Calculate the missing

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The following data have been extracted from the records of Puzzle Inc.:

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Required:

a. Calculate the missing costs.

b. Calculate the cost formula for mixed cost using the high?low method.

c. Calculate the total cost that would be incurred for the production of 16,000 units.

d. Identify the two key cost behavior assumptions made in the calculation of your answer to part c.

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Related Book For  book-img-for-question

Accounting What the Numbers Mean

ISBN: 978-1260565492

12th edition

Authors: David Marshall, Wayne McManus, Daniel Viele

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