Question: Required information Problem 1 8 - 1 A ( Algo ) Measuring costs using high - low method LO P 1 [ The following information

Required information
Problem
1
8
-
1
A
(
Algo
)
Measuring costs using high
-
low method LO P
1
[
The following information applies to the questions displayed below.
]
Alden Company's monthly dara for the past year follow. Management wants to use these data to predict future variable
and fixed costs.
Problem
1
8
-
1
A
(
Algo
)
Part
1
Estimate both the variable costs per unit and the total monthly fixed costs using the high
-
low method.
Note: Do not round intermediate calculations.
Estimate both the variable costs per unit and the total monthly fixed costs using the high
-
low method.
Note: Do not round intermediate calculations.
High
-
Low method
-
Calculation of variable cost per unit
High
-
Low method
-
Calculation of fixed costs

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