Alden Company's monthly data for the past year follow. Management wants to use these data to...
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Alden Company's monthly data for the past year follow. Management wants to use these data to predict future variable and fixed costs. Units Sold 318,000 163,000 263,000 203,000 288,000 188,000 Month Total Cost $ 155,500 99,250 203,600 98,000 199, 500 110,000 Month Units Sold 362,000 268,000 76,400 148,000 92,000 98,000 Total Cost $ 292,624 149,750 67,000 128,625 92,000 83,650 2 3. 10 11 12 1. Estimate both the variable costs per unit and the total monthly fixed costs using the high-low method. (Do not round intermediate calculations.) High-Low method - Calculation of variable cost per unit High-Low method - Calculation of fixed costs Total cost at the high point Variable costs at the high point Volume at the high point Variable cost per unit Total variable costs at the high point Total foxed costs Total cost at the low point Variable costs at the low point: Volume at the low point Variable cost per unit Total variable costs at the low point Total ficed costs Alden Company's monthly data for the past year follow. Management wants to use these data to predict future variable and fixed costs. Units Sold 318,000 163,000 263,000 203,000 288,000 188,000 Month Total Cost $ 155,500 99,250 203,600 98,000 199, 500 110,000 Month Units Sold 362,000 268,000 76,400 148,000 92,000 98,000 Total Cost $ 292,624 149,750 67,000 128,625 92,000 83,650 2 3. 10 11 12 1. Estimate both the variable costs per unit and the total monthly fixed costs using the high-low method. (Do not round intermediate calculations.) High-Low method - Calculation of variable cost per unit High-Low method - Calculation of fixed costs Total cost at the high point Variable costs at the high point Volume at the high point Variable cost per unit Total variable costs at the high point Total foxed costs Total cost at the low point Variable costs at the low point: Volume at the low point Variable cost per unit Total variable costs at the low point Total ficed costs
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