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 1 2 3 4 Units 5 6 316,000 161,000 261,000 201,000 286,000 186,000 $ 153,500 97,250 201, 600 96,000 197,500 108,000 (a) Predictions 372,000 Month Units Sold 7 2. Predict future total costs when sales volume is (a) 372,000 units and (b) 412,000 units. (b) 8 9 10 11 12 364,000 266,000 76,800 146,000 90,000 96,000 412,000 Total Cost $ 307,376 147, 750 69,000 126,625 90,000 85,650

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Subject: accounting 

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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 Units Sold
1
2
3
4
5
6
Units
316,000
161,000
261,000
201,000
286,000
186,000
Total Cost Month Units Sold
$ 153,500
7
97,250
8
201, 600
9
96,000
10
11
197,500
108,000
12
(a)
2. Predict future total costs when sales volume is (a) 372,000 units and (b) 412,000 units.
Predictions
372,000
(b)
364,000
266,000
412,000
76,800
146,000
90,000
96,000
L Prey
S
Total Cost
$ 307,376
147,750
69,000
126,625
90,000
85,650
2
of 9
H
Next >
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 Units Sold 1 2 3 4 5 6 Units 316,000 161,000 261,000 201,000 286,000 186,000 Total Cost Month Units Sold $ 153,500 7 97,250 8 201, 600 9 96,000 10 11 197,500 108,000 12 (a) 2. Predict future total costs when sales volume is (a) 372,000 units and (b) 412,000 units. Predictions 372,000 (b) 364,000 266,000 412,000 76,800 146,000 90,000 96,000 L Prey S Total Cost $ 307,376 147,750 69,000 126,625 90,000 85,650 2 of 9 H Next >
2. Predict future total costs when sales volume is (a) 372,000 units and (b) 412,000 units.
Units
Total
Predictions
372,000
0 $
(b)
412,000
0
Transcribed Image Text:2. Predict future total costs when sales volume is (a) 372,000 units and (b) 412,000 units. Units Total Predictions 372,000 0 $ (b) 412,000 0
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