he following nformation applies to the questions displayed below. Alden Company's monthly data for the past year follow. Management wants to use these and fixed costs. Month Units Sold Total Cost $ 155,500 123456789 272 318,000 163,000 99,250 3 263,000 203,600 203,000 98,000 288,000 199,500 188,000 110,000 362,000 292,624 268,000 149,750 76,400 67,000 10 148,000 128,625 11 92,000 92,000 12 98,000 83,650 Predict future total costs when sales volume is (a) 376,000 units and (b) 416,000 units.

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.
Month
1
Units Sold
318,000
1234567
163,000
263,000
Total Cost
$ 155,500
99,250
203,600
203,000
98,000
288,000
199,500
188,000
110,000
362,000
292,624
8
268,000
149,750
9
76,400
67,000
10
148,000
128,625
11
92,000
92,000
12
98,000
83,650
2. Predict future total costs when sales volume is (a) 376,000 units and (b) 416,000 units.
Total cost
376,000 units 416,000 units
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. Month 1 Units Sold 318,000 1234567 163,000 263,000 Total Cost $ 155,500 99,250 203,600 203,000 98,000 288,000 199,500 188,000 110,000 362,000 292,624 8 268,000 149,750 9 76,400 67,000 10 148,000 128,625 11 92,000 92,000 12 98,000 83,650 2. Predict future total costs when sales volume is (a) 376,000 units and (b) 416,000 units. Total cost 376,000 units 416,000 units
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