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
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
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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