Westerville Company accumulates the following data concerning a mixed cost, using units produced as the activity level. Units Produced Total Cost March 9,859 $18,868 April 8,736 17,020 May 10,400 19,620 June 8,520 16,612 July 9,176 17,475 1) Compute the variable cost per unit using the high-low method. 2) Compute the fixed cost elements using the high-low method. 3) Estimate the total cost if the company produces 9,060 units.

Westerville Company accumulates the following data concerning a mixed cost, using units produced as the activity level. Units Produced Total Cost March 9,859 $18,868 April 8,736 17,020 May 10,400 19,620 June 8,520 16,612 July 9,176 17,475 1) Compute the variable cost per unit using the high-low method. 2) Compute the fixed cost elements using the high-low method. 3) Estimate the total cost if the company produces 9,060 units.

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter6: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 2DQ: Which of the following costs would be classified as variable and which would be classified as fixed,...

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