Question: High Low Method Ziegle Inc. has decided to use the high-low method to estimate the total cost and the fixed and variable cost components of

High Low Method Ziegle Inc. has decided to use the high-low method to estimate the total cost and the fixed and variable cost components of the total cost. The data for various levels of production are as follows: Units Produced Total Costs 2,170 $139,500 178,250 5,270 217,000 a. Determine the cost per unit and the total fixed cost. Variable cost (round to the nearest dollar) Total fized cost: b. Based on part (a), estimate the total cost for 2,680 units of production Total cost for 2.600 units

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Method Ziegle Inc. has decided to use the high-low method to estimate the total cost and the fived and variable cost components of the total cost. The data for various levels of production was...

High Low Method Shatner Inc. has decided to use the high-low method to estimate the total cost and the fixed and variable cost components of the total cost. The data for various levels of production...

High Low Method Ziegler Inc. has decided to use the high-low method to estimate the total cost and the Med and variable cont components of the total cost. The data for various levels of production...

ebook Show Me How High Low Method Zing Inc. has decided to use the high-low method to estimate the total cost and the feed and variabile cast components of the total cost. The data for at level of...

Hi i need help with par B can someone explain it to me High-Low Method Diamond Inc. has decided to use the high-low method to estimate the total cost and the fixed and variable cost data for various...

High-Low Method Ziegler Inc. has decided to use the high-low method to estimate the total cost and the fixed and variable cost components of the tota The data for various levels of production are as...

High-low method Ziegler Inc. has decided to use the high-low method to estimate the total cost and the fixed and variable cost components of the total cost. The data for various levels of production...

Assignment/takeAssignment Main doinvoker takeAssignmentSessionLocator &inprogress=false Updat eBook Show Me How Ofice 365 High-low method Ziegler Inc. has decided to use the high-low method to...

High-Low Method Ziegler Inc. has decided to use the high-low method to estimate the total cost and the fixed and variable cost components of the total cost. The data for various levels of production...

find the answer High-low method Ziegler Inc. has decided to use the high-low method to estimate the total cost and the fixed and variable cost components of the total cost. The data for various...

The following information relates to Creed Company for a recent time period: Sales = $8,000,000. Total variable costs = $3,600,000. Total fixed costs = $2,500,000. Tax rate = 21%. Assuming cost...

What happens to the variability of Wirco's profit if Wirco undertakes any strategy (buying calls, selling puts, collars, etc.) to lock in the price of copper next year? You can use your answer to the...

What is the term for a young tree that begins fruiting earlier than normal? Dwarf Hybrid Precocious Prolific

The first scenario will be a Verbal Judo scenario in which your scenario follows the standard Verbal Judo interaction: You need to ask somebody to modify their behavior either to do something or to...

(Appendices) International Studies Using the Internet, compare the value of the dollar to the value of worldwide currencies. Find the value of the Japanese yen, British pound, Chinese yuan, Euro,...

(Appendices) A luncheon speaker stated, most firms have a strong financial incentive to reduce occupational injuries because the indirect costs of workplace accidents can exceed the employers direct...

(Appendices) Research Perform research to find a recent news story about a business that used deceptive marketing practices, such as price fixing, bait and switch, fake sales, low-balling, or another...