Question: Production level, in units 10,300 16,480 Variable costs $ 21,630 $ ?question mark Fixed costs ?question mark 37,100 Mixed costs 20,377 ?question mark Total costs

Production level, in units 10,300 16,480 Variable costs $ 21,630 $ ?question mark Fixed costs ?question mark 37,100 Mixed costs 20,377 ?question mark Total costs $ 79,107 $ 101,911 Required: Calculate the missing costs. Calculate the cost formula for mixed cost using the highlow method. Calculate the total cost that would be incurred for the production of 12,360 units. Identify the two key cost behavior assumptions made in the calculation of your answer to part c.

Complete this question by entering your answers in the tabs below.

  • Required A
  • Required B
  • Required C
  • Required D

Calculate the missing costs. Note: Do not round intermediate calculations.

February August
Production level, in units 10,300 16,480
Variable costs $21,630
Fixed costs 37,100
Mixed costs 20,377
Total costs $79,107 $101,911

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!