Amanda Company accumulates the following data concerning a mixed cost, using units produced as the activity level.

Question:

(a) Compute the variable and fixed cost elements using the high-low method.(b) Estimate the total cost if the company produces 8,500units.

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Accounting Principles

ISBN: 978-0470533475

9th Edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

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Question Posted: Sep 16, 2011 11:39 AM

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Amanda Company accumulates the following data concerning a mixed cost, using units produced as the activity level.

Question:

Units Produced Total Cost $18,000 16,650 18,750 16,200 17,100 March April May 10,000 9,000 10,500 June July 9,500

Step by Step Answer:

a Variable cost 18750 16200 10500 880...View the full answer

Accounting Principles

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