Question: Required information Problem 21-1A (Algo) Measuring costs using high-low method LO P1 [The following information applies to the questions displayed below.] Alden Company's monthly data
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Required information Problem 21-1A (Algo) Measuring costs using high-low method LO P1 [The following information applies to the questions displayed below.] Alden Company's monthly data for the past year follow. Management wants to use these data to predict future variable and fixed costs. Problem 21-1A (Alo) Part 1 1. Estimate both the varlable costs per unit and the total monthly fixed costs using the high-low method. Note: Do not round intermediate calculations. 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. and fixed costs. Problem 21-1A (Algo) Part 2 2. Predict future total costs when sales volume is (a) 372,000 units and (b) 412,000 units
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