. Predict future total costs when sales volume is (a) 370,000 units and (b) 410,000 units. Total cost 370,000 units 410,000 units
. Predict future total costs when sales volume is (a) 370,000 units and (b) 410,000 units. Total cost 370,000 units 410,000 units
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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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.
Month Units Sold
1
2
3
4
6
8
9
10
11
12
315,000
160,000
260,000
200,000
285,000
185,000
365,000
265,000
Total cost
77,000
145,000
89,000
95,000
Total Cost
$ 152,500
96,250
200,600
95,000
196,500
107,000
314,800
146, 750
70,000
125, 625
89,000
86,650
Problem 21-1A (Algo) Part 2
2. Predict future total costs when sales volume is (a) 370,000 units and (b) 410,000 units.
370,000 units 410,000 units](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F717ad7aa-6db6-4680-8ef2-b7afe96da5d8%2F03b10f38-db05-4b8c-a0ad-7b0b868864a8%2Fq4q2vdr_processed.jpeg&w=3840&q=75)
Transcribed Image Text: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 Units Sold
1
2
3
4
6
8
9
10
11
12
315,000
160,000
260,000
200,000
285,000
185,000
365,000
265,000
Total cost
77,000
145,000
89,000
95,000
Total Cost
$ 152,500
96,250
200,600
95,000
196,500
107,000
314,800
146, 750
70,000
125, 625
89,000
86,650
Problem 21-1A (Algo) Part 2
2. Predict future total costs when sales volume is (a) 370,000 units and (b) 410,000 units.
370,000 units 410,000 units
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