Gadubhai 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 variableand fixed costs.UnitsMonth Units Sold12Total3456319,000164,000264,000204,000289,000189,000$Total Cost$ 156,500100,250204,600(a)99,000200,500111,0002. Predict future total costs when sales volume is (a) 378,000 units and (b) 418,000 units.Predictions378,0000 $Month Units Sold789101112(b)418,000361,000269,00076,200149,00093,00099,0000Total Cost$285,296150,75066,000129,62593,00082,650

Variable cost means the cost which vary with the level of output where as fixed cost remains fixed…

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

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

Survey of Accounting (Accounting I)

8th Edition

ISBN:9781305961883

Author:Carl Warren

Publisher:Carl Warren

Chapter11: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 11.16E

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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 varlable and fixed costs. Units Sold 318,500 163,500 263,500 203,500 288,500 188,500 361,500 268,500 76,300 148,500 92,500 98,500 Month Total Cost $ 156.000 99,750 204,100 98,500 200, 0০0 110,500 288,956 150,250 66,500 129,125 92,500 83,150 2. 10 11 12 1. Estimate both the variable costs per unit and the total monthly fixed costs using the high-low method. (Do not round intermediate calculations.) High-Low method - Calculation of varlable cost per unit High-Low method - Calculation of fixed costs Total cost at the highest volume Variable costs at highest volume: Highest volume Variable cost per unit Total variable costs at highest volume Total fixed costs Total cost at the lowest volume Variable costs at lowest volume: Lowest volume Variable cost per unit Total variable costs at lowest…
! 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
Units [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. Total Month Units Sold 320,000 160,000 280,000 200,000 300,000 200,000 LN3456 1 2 Total Cost $ 160,000 100,000 220,000 100,000 230,000 120,000 (a) 2. Predict future total costs when sales volume is (a) 220,000 units and (b) 240,000 units. Predictions 220,000 Month 7 8 9 10 11 12 (b) Units Sold 340,000 280,000 80,000 240,000 160,000 100,000 110,000 Total Cost $ 220,000 160,000 64,000 140,000 100,000 80,000
Alden Company’s... (please refer to pictures to complete)
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