7...i...... | ... 5... | 4 3...|...2.......1.. Graded Assignement #1 Module 1 (1) - Word File Home Insert Draw Design Layout References Mailings Review View Help Foxit PDF Page 1 of 1 197 words Sign in Tell me what you want to do The Cost data for Southern Furniture Co Ltd is as follows Month Number of Beds Produced Wages $ January 550 2,063 February 710 2,663 March 650 2,438 April 470 1,823 May 512 1,920 June 625 2,344 July 805 3,019 August 750 2,813 September 675 2,531 October 525 1,969 November 875 3,281 December 685 2,569 1 Using the high-low method, express the company's wages as an equation where x represents number of beds produced. 2 marks 2 Predict the total Variable costs if 900 beds were produced 1 mark 3 Predict the total Fixed costs if 950 beds were produced 1 mark 4 Predict the total wages if 1,000 beds were produced 2 marks 5 The following are some of the other costs that are incurred by Southern Furniture Co Ltd classify these costs as fixed or variable. 5.1 Wood used to produce beds $50 per desk? 1 mark 5.2 Production labor used to produce beds $15 per hour? 1 mark 5.3 Rent of Corporate office $5,000 per month? 1 mark 5.4 Depreciation of factory equipment $15,000 per year? 1 mark English (United States) Accessibility: Good to go W (DOLL 4 Share + 100% 11:06 2 28/05/2022