Cost behavior analysis: Cost behavior analysis means to study how the cost changes as the level of volume changes. To calculate: In the question quantity of sales and cost of sales are given. We have to determine the cost behavior using scatter diagram and we have to draw estimated line of cost behavior. Further, we have to calculate the fixed cost and Variable cost per unit using low high method. Solutions: The cost behavior in the above is Mixed cost. The fixed cost is $ 2500 and the variable cost per unit is $1.5.

Question

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Answer 1

Question

Chapter 21, Problem 6E

To determine

Cost behavior analysis:

Cost behavior analysis means to study how the cost changes as the level of volume changes.

To calculate:

In the question quantity of sales and cost of sales are given. We have to determine the cost behavior using scatter diagram and we have to draw estimated line of cost behavior. Further, we have to calculate the fixed cost and Variable cost per unit using low high method.

Solutions:

The cost behavior in the above is Mixed cost.
The fixed cost is $ 2500 and the variable cost per unit is $1.5.

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Answer 2

Question

Chapter 21, Problem 6E

To determine

Cost behavior analysis:

Cost behavior analysis means to study how the cost changes as the level of volume changes.

To calculate:

In the question quantity of sales and cost of sales are given. We have to determine the cost behavior using scatter diagram and we have to draw estimated line of cost behavior. Further, we have to calculate the fixed cost and Variable cost per unit using low high method.

Solutions:

The cost behavior in the above is Mixed cost.
The fixed cost is $ 2500 and the variable cost per unit is $1.5.

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Answer 3

Question

Chapter 21, Problem 6E

To determine

Cost behavior analysis:

Cost behavior analysis means to study how the cost changes as the level of volume changes.

To calculate:

In the question quantity of sales and cost of sales are given. We have to determine the cost behavior using scatter diagram and we have to draw estimated line of cost behavior. Further, we have to calculate the fixed cost and Variable cost per unit using low high method.

Solutions:

The cost behavior in the above is Mixed cost.
The fixed cost is $ 2500 and the variable cost per unit is $1.5.

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Answer 4

Question

Chapter 21, Problem 6E

To determine

Cost behavior analysis:

Cost behavior analysis means to study how the cost changes as the level of volume changes.

To calculate:

In the question quantity of sales and cost of sales are given. We have to determine the cost behavior using scatter diagram and we have to draw estimated line of cost behavior. Further, we have to calculate the fixed cost and Variable cost per unit using low high method.

Solutions:

The cost behavior in the above is Mixed cost.
The fixed cost is $ 2500 and the variable cost per unit is $1.5.

Expert Solution & Answer

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Answer 5

Chapter 21, Problem 6E

To determine

Cost behavior analysis:

Cost behavior analysis means to study how the cost changes as the level of volume changes.

To calculate:

In the question quantity of sales and cost of sales are given. We have to determine the cost behavior using scatter diagram and we have to draw estimated line of cost behavior. Further, we have to calculate the fixed cost and Variable cost per unit using low high method.

Solutions:

The cost behavior in the above is Mixed cost.
The fixed cost is $ 2500 and the variable cost per unit is $1.5.

Answer 6

Chapter 21, Problem 6E

To determine

Cost behavior analysis:

Cost behavior analysis means to study how the cost changes as the level of volume changes.

To calculate:

In the question quantity of sales and cost of sales are given. We have to determine the cost behavior using scatter diagram and we have to draw estimated line of cost behavior. Further, we have to calculate the fixed cost and Variable cost per unit using low high method.

Solutions:

The cost behavior in the above is Mixed cost.
The fixed cost is $ 2500 and the variable cost per unit is $1.5.

Answer 7

Chapter 21, Problem 6E

To determine

Cost behavior analysis:

Cost behavior analysis means to study how the cost changes as the level of volume changes.

To calculate:

In the question quantity of sales and cost of sales are given. We have to determine the cost behavior using scatter diagram and we have to draw estimated line of cost behavior. Further, we have to calculate the fixed cost and Variable cost per unit using low high method.

Solutions:

The cost behavior in the above is Mixed cost.
The fixed cost is $ 2500 and the variable cost per unit is $1.5.

Answer 8

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Answer 9

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Answer 10

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Answer 11

Ch. 21 - Cost behavior identification C1 Listed here are...Ch. 21 - QS 21-2 Cost behavior identification c1 ...Ch. 21 - QS 21-3 Cost behavior estimation—high-low method...Ch. 21 - Prob. 4QS Ch. 21 - Prob. 5QS Ch. 21 - Prob. 6QS Ch. 21 - Prob. 7QS Ch. 21 - Prob. 8QS Ch. 21 - Prob. 9QS Ch. 21 - Prob. 10QS

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