Question: Required information Problem 18-2A Scatter diagram and cost behavior estimation LO P1 (The following information applies to the questions displayed below] Alden Co's monthly unit
Required information Problem 18-2A Scatter diagram and cost behavior estimation LO P1 (The following information applies to the questions displayed below] Alden Co's monthly unit sales and total cost data for its operating activities of the past year follow. Management wants to use these data to predict future fixed and variable costs. Month Units sold Total Cost $160,000 100,000 220,000 100,000 230,000 120,000 MonthUnits SoldTotal Cost 320,000 160,000 280,000 200,000 300,000 200,000 340,000 280,000 80,000 160,000 100,000 110,000 $220, 000 160,000 64,000 140,000 100,000 80,000 10 12
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