Why Choose Us?
0% AI Guarantee
Human-written only.
24/7 Support
Anytime, anywhere.
Plagiarism Free
100% Original.
Expert Tutors
Masters & PhDs.
100% Confidential
Your privacy matters.
On-Time Delivery
Never miss a deadline.
A department of Alpha Co
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.) |
*
Expert Solution
PFA
Archived Solution
You have full access to this solution. To save a copy with all formatting and attachments, use the button below.
For ready-to-submit work, please order a fresh solution below.
