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A department of Alpha Co

Accounting

A department of Alpha Co. incurred the following costs for the month of September. Variable costs, and the variable portion of mixed costs, are a function of the number of units of activity:

   

 

 

  Activity level in units

 

5,000  

 





  Variable costs

$

8,750  

  Fixed costs

 

31,000  

  Mixed costs

 

23,400  

 



  Total costs

$

63,150  

 





During October the activity level was 8,000 units, and the total costs incurred were $69,500.

     

Required:

a.

Calculate the variable costs, fixed costs, and mixed costs incurred during October. (Do not round intermediate calculations.)

 

b.

Use the high–low method to calculate the cost formula for mixed cost. (Do not round intermediate calculations and round your answers to 2 decimal places.)

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