Alden Company's monthly data for the past year follow. Management wants to use these data to predict future variableand fixed costs.Month12Saw!3456789101112Units Sold315,000160,000260,000200,000Total cost285,000185,000365,000265,00077,000145,00089,00095,000Total Cost:$152,500.96,250200,60095,000196,500107,000314,800146,75070,000125,62589,00086,6502. Predict future total costs when sales volume is (a) 370,000 units and (b) 410,000 units.370,000 units 410,000 units

The costs incurred for production are classified as fixed and variable costs. The fixed costs and…

Alden Company's monthly data for the past year follow. Management and fixed costs. Month 1 2 3 4 5 6 7 8 9 10 11 12 Units Sold 315,000 160,000 260,000 200,000 285,000 185,000 365,000 265,000 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 2. Predict future total costs when sales volume is (a) 370,000 units and (b) 410,000 units. 370,000 units 410,000 units

Alden Company's monthly data for the past year follow. Management and fixed costs. Month 1 2 3 4 5 6 7 8 9 10 11 12 Units Sold 315,000 160,000 260,000 200,000 285,000 185,000 365,000 265,000 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 2. Predict future total costs when sales volume is (a) 370,000 units and (b) 410,000 units. 370,000 units 410,000 units

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter3: Cost Behavior And Cost Forecasting

Section: Chapter Questions

Problem 3DQ: Suppose a company finds that shipping cost is 3,560 each month plus 6.70 per package shipped. What...

See similar textbooks

Similar questions

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 Total Cost 1 322,000 $ 159,500 2 167,000 103,250 3 267,000 207,600 4 207,000 102,000 5 292,000 203,500 6 192,000 114,000 7 358,000 263,504 8 272,000 153,750 9 75,600 63,000 10 152,000 132,625 = 96,000 96,000 12 102,000 79,650 1. Estimate both the variable costs per unit and the total monthly fixed costs using the high-low method. Note: Do not round intermediate calculations. High-Low method - Calculation of variable cost per unit
es ! Required information [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 Total Cost Month Units Sold 1 321,000 $ 158,500 7 359,000 Total Cost $ 270,736 2 166,000 102,250 8 271,000 152,750 3 266,000 206,600 9 75,800 64,000 4 206,000 101,000 10 151,000 131,625 5 291,000 6 191,000 202,500 113,000 11 95,000 95,000 12 101,000 80,650 1. Estimate both the variable costs per unit and the total monthly fixed costs using the high-low method. (Do not round intermediate calculations.) Total cost at the high point Variable costs at the high point: Volume at the high point: Variable cost per unit Total variable costs at the high point Total fixed costs Total cost at the low point Variable costs at the low point: Volume at the low point: Variable cost per unit Total variable costs at the low point Total fixed costs High-Low…
Vala
[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 Total Cost Month Units Sold Total Cost 1 324,500 $ 162,000 7 355,500 $ 245,564 2 169,500 105,750 8 274,500 156,250 3 269,500 210,100 9 75,100 60,500 4 209,500 104,500 10 154,500 135,125 5 294,500 206,000 11 6 194,500 116,500 12 98,500 104,500 98,500 77,150 Problem 18-1A (Algo) Part 1 1. Estimate both the variable costs per unit and the total monthly fixed costs using the high-low method. (Do not round intermediate calculations.) High-Low method - Calculation of variable cost per unit Total cost at the high point Variable costs at the high point: Volume at the high point: Variable cost per unit Total variable costs at the high point Total fixed costs High-Low method - Calculation of fixed costs Total cost at the low point Variable costs at the low point: Volume at the…
Units [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. Total Month Units Sold 320,000 160,000 280,000 200,000 300,000 200,000 LN3456 1 2 Total Cost $ 160,000 100,000 220,000 100,000 230,000 120,000 (a) 2. Predict future total costs when sales volume is (a) 220,000 units and (b) 240,000 units. Predictions 220,000 Month 7 8 9 10 11 12 (b) Units Sold 340,000 280,000 80,000 240,000 160,000 100,000 110,000 Total Cost $ 220,000 160,000 64,000 140,000 100,000 80,000
Alden Company’s... (please refer to pictures to complete)
! Required information [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. Units Month Units Sold Total Cost Month Units Sold 1 7 2 8 9 10 11 12 Total 3 4 5 6 319,000 164,000 264,000 204,000 289,000 189,000 $ $156,500 100,250 204,600 (a) 99,000 200,500 111,000 2. Predict future total costs when sales volume is (a) 378,000 units and (b) 418,000 units. Predictions 378,000 0 $ (b) 418,000 361,000 269,000 0 76,200 149,000 93,000 99,000 Total Cost $285,296 150,750 66,000 129,625 93,000 82,650
Gadubhai
[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 5 6 320,000 160,000 280,000 200,000 300,000 200,000 Total Cost $ 160,000 100,000 220,000 100,000 230,000 120,000 Total cost at the high point Variable costs at the high point: Volume at the high point: Variable cost per unit Total variable costs at the high point Total fixed costs Total cost at the low point Variable costs at the low point: Volume at the low point: Variable cost per unit Total variable costs at the low point Total fixed costs Month 7 8 9 10 11 12 Units Sold 340,000 280,000 80,000 160,000 100,000 110,000 1. Estimate both the variable costs per unit and the total monthly fixed costs using the high-low method. (Do not round intermediate calculations.) Total Cost $ 220,000 160,000 64,000 140,000 100,000 80,000 High-Low method - Calculation of…
[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. 2234 in Month 1 Units Sold 315,000 Total Cost $ 152,500 160,000 96,250 260,000 200,600 200,000 95,000 5 285,000 196,500 6 185,000 107,000 7 365,000 314,800 8 265,000 146,750 9 77,000 70,000 10 145,000 125,625 11 89,000 89,000 12 95,000 86,650 2. Predict future total costs when sales volume is (a) 370,000 units and (b) 410,000 units. 370,000 units 410,000 units Total cost
1. Estimate both the variable costs per unit and the total monthly fixed costs using the high-low method. 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 Total Cost 1 319,000 $ 156,500 2 164,000 100,250 3 264,000 204,600 4 204,000 99,000 5 289,000 200,500 6 189,000 111,000 7 361,000 285,296 8 269,000 150,750 9 76,200 66,000 10 149,000 129,625 11 93,000 93,000 12 99,000 82,650
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 5 6 320,000 160,000 280,000 200,000 300,000 200,000 Total Cost Month $ 160,000 7 8 9 100,000 220,000 100,000 230,000 120,000 10 11 12 Change in cost Change in volume Total cost at the high point Variable costs at the high point: Volume at the high point: Variable cost per unit Total variable costs at the high point Total fixed costs Units Sold 340,000 280,000 80,000 160,000 100,000 110,000 1. Estimate both the variable costs per unit and the total monthly fixed costs using the high-low method. (Do not round intermediate calculations.) Total cost at the low point Variable costs at the low point: Volume at the low point: Variable cost per unit Total variable costs at the low point Total fixed costs Total Cost $ 220,000 160,000 64,000 140,000 100,000 80,000 High-Low method - Calculation of variable cost per unit Cost at high point…