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Relevant Range and High-Low Method The following selected data relate to the major cost categories experienced by Shaw Company at varying levels of operating volumes Assuming that all operating volumes are within the relevant range, calculate the appropriate costs in each column in which blanks appear Total Cost ( Direct labor (variable) Factory supervision (semi-variabile) Factory depreciation (fixed) 3.000 Units) Total Cost (@4.000 units) Variable Cost per Unit Total Fixed Cost Total Cost (@5,000 units) $75,000 $100,000 $ 05 50.000 45,000 65.000 45.000 $ 01 05 05 01 DOO

Relevant Range and High-Low Method The following selected data relate to the major cost categories experienced by Shaw Company at varying levels of operating volumes Assuming that all operating volumes are within the relevant range, calculate the appropriate costs in each column in which blanks appear Total Cost ( Direct labor (variable) Factory supervision (semi-variabile) Factory depreciation (fixed) 3.000 Units) Total Cost (@4.000 units) Variable Cost per Unit Total Fixed Cost Total Cost (@5,000 units) $75,000 $100,000 $ 05 50.000 45,000 65.000 45.000 $ 01 05 05 01 DOO

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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Relevant Range and High-Low Method The following selected data relate to the major cost categories experienced by Shaw Company at varying levels of operating volumes Assuming that all operating volumes are within the relevant range, calculate the appropriate costs in each column in which blanks appear Direct labor (variable) Factory supervision (sem -variabile) Factory depreciation (fixed) Total Cost ( 1.000 Units) Total Cest (@4000 units) Variable Cost per Unit Total Fixed Cost Total Cost (@5,000 units) $75,000 50,000 45,000 $100,000 $ 65.000 1 45.000 $ 01 0$ 05 05 05 01 0
Transcribed Image Text:Relevant Range and High-Low Method The following selected data relate to the major cost categories experienced by Shaw Company at varying levels of operating volumes Assuming that all operating volumes are within the relevant range, calculate the appropriate costs in each column in which blanks appear Direct labor (variable) Factory supervision (sem -variabile) Factory depreciation (fixed) Total Cost ( 1.000 Units) Total Cest (@4000 units) Variable Cost per Unit Total Fixed Cost Total Cost (@5,000 units) $75,000 50,000 45,000 $100,000 $ 65.000 1 45.000 $ 01 0$ 05 05 05 01 0
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