Question: Ziegler Inc. has decided to use the high-low method to estimate the total cost and the fixed and variable cost components of the total

Ziegler Inc. has decided to use the high-low method to estimate the

Ziegler Inc. has decided to use the high-low method to estimate the total cost and the fixed and variable cost components of the total cost. The data for various levels of production are as follows: Units Produced 1,305 Total Costs $276,660 289,880 per unit 2,640 4,205 430,360 a. Determine the variable cost per unit and the total fored cost. Variable cost: (Round to the nearest dollar.) Total fixed cost: b. Based on part (a), estimate the total cost for 1,980 units of production. Total cost for 1,980 units:

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Q:

Mintzberg suggests that managerial roles should encompass interpersonal, decisional, and informational roles. Clearly, this is an idealized vision of the manager. They are encouraged to encompass all...

Q:

Ziegler Inc. has decided to use the high-low method to estimate the total cost and the fixed and variable cost components of the total cost. The data for various levels of production are as follows:...

Q:

Ziegler Inc, has decided to use the high-low method to estimate the total cost and the fixed and variable cost components of the total cost. The data for various levels of production are as follows:...

Q:

Ziegler Inc. has decided to use the high-low method to estimate the total cost and the fixed and variable cost components of the total cost. The data for various levels of production are as follows:...

Q:

Ziegler Inc. has decided to use the high-low method to estimate the total cost and the fixed and variable cost components of the total cost. The data for various levels of production are as follows:...

Q:

Ziegler Inc. has decided to use the high-low method to estimate the total cost and the fixed and variable cost components of the total cost. The data for various levels of production are as follows:...

Q:

Ziegler Inc. has decided to use the high-low method to estimate the total cost and the fixed and variable cost components of the total cost. The data for various levels of production are as follows:...

Q:

Ziegler Inc. has decided to use the high-low method to estimate the total cost and the fixed and variable cost components of the total cost. The data for various levels of production are as follows:...

Q:

GO Ziegler Inc. has decided to use the high-low method to estimate the total cost and the fixed and variable cost components of the total cost. The data for various levels of production are as...

Q:

Ziegler Inc. has decided to use the high-low method to estimate the total cost and the fixed and variable cost components of the total cost. The data for various ieveis o production are as follows:...

Q:

Ziegler Inc. has decided to use the high-low method to estimate the total cost and the fixed and variable cost components of the total cost. The data for various levels of production are as follows:...

Q:

Parent Corporation owns 100% of Subsidiary Corporations single class of stock and $2 million of Subsidiary debentures . Parent purchased the debentures in small blocks from various unrelated parties...

Q:

Estimate using the Linear Approximation and find the error using a calculator. 17. 26 - 25 19. 1/101 - 1/10

Q:

Use part one of the fundamental theorem of calculus to find the derivative of the function. g ( x ) = 0 x t 3 t 5 2 d t g ' ( x ) = Need Hetp?

Q:

Thome Company uses a flexible budget for manufacturing overhead based on direct labor hours. Variable manufacturing overhead costs per direct labor hour are as follows. Indirect labor ........ $1.00...

Q:

Thome Company uses a flexible budget for manufacturing overhead based on direct labor hours. Variable manufacturing overhead costs per direct labor hour are as follows. Indirect labor ..... $1.00...

Q:

1. Discuss Nortel's accounting for the following transactions and why they were not in conformity with GAAP: Revenue recognition Reserve accounting Accounting for contingent liabilities

Q:

Dean White operates a roller skating center, Rinkland USA. He has just received the monthly bank statement at March 31 from Peoples National Bank, and the statement shows an ending balance of $740....

Q:

The court decision relied on the concept of scienter for not holding PwC legally liable for issuing clean opinions when the financial statements did not fairly present financial position. Would you...

Q:

Create a 200 word summary on the Juvenile Justice System than and today. Describe The Juvenile system and provide a generalizable definition. Highlight the issues in the Juvenile system and why this...

Q:

Setting the Tone Synopsis Ethical leadership, sometimes addressed as the tone at the top, is an essential part of governance in every organization. Tone in this context means the qualities and style...

Q:

Risk and Control Health and Safety Issues Key Issues 1.1 How can management be assured that they have identified and adequately addressed all health and safety risks and hazards within the...

Q:

The Housing Association Internal Audit Forum as a Promoter of Professional Internal Auditing Synopsis How one sector of internal auditors sold and marketed themselves with their organizations...