Please help me this question solution Total costs were $76,400 when 30,000 units were producedand $95,100 when 39,000 units were produced. Use the high-low method to find the estimated total costs for a productionlevel of 32,000 units.

Step 1: Define High-Low MethodThe high-low method is an accounting approach to estimate the variable…

Answered: Total costs were $76,400 when 30,000…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter2: Building Blocks Of Managerial Accounting

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Problem 5EA: Rose Company has a relevant range of production between 10,000 and 25.000 units. The following cost...

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Baxter Company has a relevant range of production between 15,000 and 30,000 units. The following cost data represents average variable costs per unit for 25,000 units of production. Using the costs data from Rose Company, answer the following questions: A. If 15,000 units are produced, what is the variable cost per unit? B. If 28,000 units are produced, what is the variable cost per unit? C. If 21,000 units are produced, what are the total variable costs? D. If 29,000 units are produced, what are the total variable costs? E. If 17,000 units are produced, what are the total manufacturing overhead costs incurred? F. If 23,000 units are produced, what are the total manufacturing overhead costs incurred? G. If 30,000 units are produced, what are the per unit manufacturing overhead costs incurred? H. If 15,000 units are produced, what are the per unit manufacturing overhead costs incurred?
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Total costs were $76,400 when 30,000 units were produced and $95,100 when 39,000 units were produced. Use the high- low method to find the estimated total costs for a production level of 32,000 units.