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
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. Month 1 2 3 4 5 6 7 8 9 10 11 12 Units Sold 319,500 164,500 264,500 204,500 289,500 189,500 360,500 269,500 76,100 149,500 93,500 99,500 Total cost Total Cost $ 157,000 100, 750 205, 100 99,500 201,000 111,500 281,644 151, 250 65,500 130, 125 93,500 82,150 Problem 21-1A (Algo) Part 2 2. Predict future total costs when sales volume is (a) 379,000 units and (b) 419,000 units. 379,000 units 419,000 units
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