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 variableand fixed costs.TotalMonth Units Sold320,000160,000280,000200,000300,000200,000LN345612Total Cost$ 160,000100,000220,000100,000230,000120,000(a)2. Predict future total costs when sales volume is (a) 220,000 units and (b) 240,000 units.Predictions220,000Month789101112(b)Units Sold340,000280,00080,000240,000160,000100,000110,000Total Cost$ 220,000160,00064,000140,000100,00080,000

In cost accounting, the high-low method is a way of attempting to separate out fixed and variable…

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 1 2 3 456 320,000 160,000 280,000 200,000 300,000 200,000 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 (b) 10 11 12 Units Sold 340,000 280,000 80,000 160,000 100,000 110,000 240,000 Total Cost $ 220,000 160,000 64,000 140,000 100,000 80,000

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 1 2 3 456 320,000 160,000 280,000 200,000 300,000 200,000 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 (b) 10 11 12 Units Sold 340,000 280,000 80,000 160,000 100,000 110,000 240,000 Total Cost $ 220,000 160,000 64,000 140,000 100,000 80,000

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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Alden Company’s... (please refer to pictures to complete)
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