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