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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 7 8 9 10 11 12 315,500 160,500 Total cost 260,500 200,500 285,500 185,500 364,500 265,500 76,900 145,500 89,500 95,500 Total Cost $ 153,000 96,750 201, 100 95,500 197,000 107,500 311, 084 147,250 69,500 126, 125 89,500 86,150 2. Predict future total costs when sales volume is (a) 371,000 units and (b) 411,000 units. 371,000 units 411,000 units

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 7 8 9 10 11 12 315,500 160,500 Total cost 260,500 200,500 285,500 185,500 364,500 265,500 76,900 145,500 89,500 95,500 Total Cost $ 153,000 96,750 201, 100 95,500 197,000 107,500 311, 084 147,250 69,500 126, 125 89,500 86,150 2. Predict future total costs when sales volume is (a) 371,000 units and (b) 411,000 units. 371,000 units 411,000 units

FINANCIAL ACCOUNTING
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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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 7 8 9 10 11 12 315,500 160,500 260,500 Total cost 200,500 285,500 185,500 364,500 265,500 76,900 145,500 89,500 95,500 Total Cost $ 153,000 96,750 201, 100 95,500 197,000 107,500 311,084 147,250 69,500 126, 125 89,500 86,150 2. Predict future total costs when sales volume is (a) 371,000 units and (b) 411,000 units. 371,000 units 411,000 units
Transcribed Image Text: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 7 8 9 10 11 12 315,500 160,500 260,500 Total cost 200,500 285,500 185,500 364,500 265,500 76,900 145,500 89,500 95,500 Total Cost $ 153,000 96,750 201, 100 95,500 197,000 107,500 311,084 147,250 69,500 126, 125 89,500 86,150 2. Predict future total costs when sales volume is (a) 371,000 units and (b) 411,000 units. 371,000 units 411,000 units
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