D 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 1 319,000 2 164,000 264,000 204,000 289,000 189,000 Total 3 4 5 6 $ Total Cost Month $ 156,500 7 100,250 8 204,600 9 99,000 10 11 200,500 111,000 12 2. Predict future total costs when sales volume is (a) 378,000 units and (b) 418,000 units. (a) Predictions 378,000 0 $ (b) 418,000 Units Sold Total Cost $285,296 150, 750 0 361,000 269,000 76,200 149,000 93,000 99,000 66,000 129,625 93,000 82,650

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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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
Transcribed Image Text:! 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
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