A department of Delta Company incurred the following costs for the month of June. Variable costs, and the variable portion of mixed costs, are a function of the number of units of activity: Activity level in units Variable costs Fixed costs Mixed costs Total costs During July, the activity level was 9,000 units, and the total costs incurred were $69,000. Required: a. Calculate the variable costs, fixed costs, and mixed costs incurred during July. b. Use the high-low method to calculate the cost formula for mixed cost. Complete this question by entering your answers in the tabs below. Required A 4,500 $ 8,100 30,000 20,800 $ 58,900 Required B Variable cost Fixed cost Mixed cost Calculate the variable costs, fixed costs, and mixed costs incurred during July. July < Required A Required B >
A department of Delta Company incurred the following costs for the month of June. Variable costs, and the variable portion of mixed costs, are a function of the number of units of activity: Activity level in units Variable costs Fixed costs Mixed costs Total costs During July, the activity level was 9,000 units, and the total costs incurred were $69,000. Required: a. Calculate the variable costs, fixed costs, and mixed costs incurred during July. b. Use the high-low method to calculate the cost formula for mixed cost. Complete this question by entering your answers in the tabs below. Required A 4,500 $ 8,100 30,000 20,800 $ 58,900 Required B Variable cost Fixed cost Mixed cost Calculate the variable costs, fixed costs, and mixed costs incurred during July. July < Required A Required B >
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
Transcribed Image Text:A department of Delta Company incurred the following costs for the month of June. Variable costs, and the variable portion of mixed
costs, are a function of the number of units of activity:
Activity level in units
Variable costs
Fixed costs
Mixed costs
Total costs
During July, the activity level was 9,000 units, and the total costs incurred were $69,000.
Required:
a. Calculate the variable costs, fixed costs, and mixed costs incurred during July.
b. Use the high-low method to calculate the cost formula for mixed cost.
Complete this question by entering your answers in the tabs below.
Required A Required B
4,500
$ 8,100
30,000
20,800
$ 58,900
Calculate the variable costs, fixed costs, and mixed costs incurred during July.
Variable cost
Fixed cost
Mixed cost
July
< Required A
Required B
>
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