Question: Return to question Required information Problem 18-2A Cost behavior estimation LO P1 [The following information applies to the questions displayed below.] Alden Co.'s monthly
Return to question Required information Problem 18-2A 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 Month Units Sold 1 317,500 $155,000 7 362,500 2 162,500 98,750 8 267,500 Total Cost $296,300 149,250 3 262,500 203,100 9 76,500 67,500 4 202,500 97,500 10 147,500 128,125 5 287,500 199,000. 11 91,500 91,500 6 187,500 109,500 12 97,500 84,150 Problem 18-2A Part 2 2. Predict future total costs when sales volume is (a) 375,000 units and (b) 415,000 units. Answer is not complete. Predictions Sales (units) Variable costs 375,000 415,000 S 1 $ 1 Total 1 $ 1 S < Prev 7 of 7 Next
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
