Westerville plc accumulates the following data concerning a mixed cost, using units produced as the activity level.
Question:
Westerville plc accumulates the following data concerning a mixed cost, using units produced as the activity level.
a. Compute the variable- and fixed-cost elements using the high-low method.
b. Estimate the total cost if the company produces 9,200 units.
Transcribed Image Text:
Units Produced Total Cost 10,000 9,000 £18,000 16,650 March April May 10,500 8,800 9,500 18,580 16,200 June July 17,100
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a Variable cost 18580 16200 10500 8800 ...View the full answer
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Related Book For
Accounting Principles
ISBN: 978-1119419617
IFRS global edition
Authors: Paul D Kimmel, Donald E Kieso Jerry J Weygandt
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