Activity level in units Variable costs Fixed costs 4,500 $ 7,875 29,000 24,600 $61,475 Mixed costs Total costs uring October, the activity level was 7,600 units, and the total costs incurred were $68,000. equired: Calculate the variable costs, fixed costs, and mixed costs incurred during October. Answer is complete and correct. October $ 13,300 $ 29,000 $ 25,700 ariable cost xed cost ixed cost Use the high-low method to calculate the cost formula for mixed cost. (Do not round intermediate calculations and round ur answers to 2 decimal places.) Answer is complete but not entirely correct.

Activity level in units Variable costs Fixed costs 4,500 $ 7,875 29,000 24,600 $61,475 Mixed costs Total costs uring October, the activity level was 7,600 units, and the total costs incurred were $68,000. equired: Calculate the variable costs, fixed costs, and mixed costs incurred during October. Answer is complete and correct. October $ 13,300 $ 29,000 $ 25,700 ariable cost xed cost ixed cost Use the high-low method to calculate the cost formula for mixed cost. (Do not round intermediate calculations and round ur answers to 2 decimal places.) Answer is complete but not entirely correct.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Round 1.1235 to the nearest tenth. O 1.12 O 1.2 1.0 1.1