Question: Apollo Sdn Bhd collects data relating to a mixed cost, using units produced as the activity level. Month Units Produced August September October November December

 Apollo Sdn Bhd collects data relating to a mixed cost, using

Apollo Sdn Bhd collects data relating to a mixed cost, using units produced as the activity level. Month Units Produced August September October November December 9,800 8,500 7,000 7,600 8.100 Total Cost (RM) 14,740 13,250 11,100 12.000 12.460 Using the above data, calculate the variable cost and fixed cost elements using the high-low method. (4 marks) (11) Should the company produces 10,000 units, what is the estimated total cost? (2 marks)

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