Required information[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 varlableand fixed costs.Units Sold318,500163,500263,500203,500288,500188,500361,500268,50076,300148,50092,50098,500MonthTotal Cost$ 156.00099,750204,10098,500200, 0০0110,500288,956150,25066,500129,12592,50083,1502.1011121. Estimate both the variable costs per unit and the total monthly fixed costs using the high-low method. (Do not round intermediatecalculations.)High-Low method - Calculation of varlable cost per unitHigh-Low method - Calculation of fixed costsTotal cost at the highest volumeVariable costs at highest volume:Highest volumeVariable cost per unitTotal variable costs at highest volumeTotal fixed costsTotal cost at the lowest volumeVariable costs at lowest volume:Lowest volumeVariable cost per unitTotal variable costs at lowest volumeTotal fixed costs

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Description: Required information[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 varlableand fixed costs.Units Sold318,500163,500263,

Variable cost refers to those expenses that vary with the change in the level of output of a…

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(The following information applies to the questions displayed below) Alden Company's monthly data for the past year follow. Management wants to us and foxed costs. Month Units Sold 318,500 163,500 263,500 203,500 288,500 188,500 361,500 268,500 76,300 148,500 92,500 98,500 Total Cost $ 156.000 99,750 204,100 98,500 200,000 110,500 288,956 150,250 66,500 129,125 92,500 83,150 2 10 11 12

(The following information applies to the questions displayed below) Alden Company's monthly data for the past year follow. Management wants to us and foxed costs. Month Units Sold 318,500 163,500 263,500 203,500 288,500 188,500 361,500 268,500 76,300 148,500 92,500 98,500 Total Cost $ 156.000 99,750 204,100 98,500 200,000 110,500 288,956 150,250 66,500 129,125 92,500 83,150 2 10 11 12

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter2: Building Blocks Of Managerial Accounting

Section: Chapter Questions

Problem 9EA: The cost data for Evencoat Paint for the year 2019 is as follows: Using the high-low method, express...

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The cost data for BC Billing Solutions for the year 2020 is as follows: Using the high-low method, express the companys overtime wages as an equation where x represents number of invoices processed. Assume BC has monthly fixed costs of $3,800. Predict the overtime wages if 9,000 invoices are processed. Predict the overtime wages if 6,500 invoices are processed. Using Excel, create a scatter graph of the cost data and explain the relationship between the number of invoices processed and overtime wage expense.
[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. Month Units Sold Total Cost Month Units Sold Total Cost 1 324,500 $ 162,000 7 355,500 $ 245,564 2 169,500 105,750 8 274,500 156,250 3 269,500 210,100 9 75,100 60,500 4 209,500 104,500 10 154,500 135,125 5 294,500 206,000 11 6 194,500 116,500 12 98,500 104,500 98,500 77,150 Problem 18-1A (Algo) Part 1 1. Estimate both the variable costs per unit and the total monthly fixed costs using the high-low method. (Do not round intermediate calculations.) High-Low method - Calculation of variable cost per unit Total cost at the high point Variable costs at the high point: Volume at the high point: Variable cost per unit Total variable costs at the high point Total fixed costs High-Low method - Calculation of fixed costs Total cost at the low point Variable costs at the low point: Volume at the…
Required information [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. Month 1 2 31 Units Sold 318,500 163,500 263,500 203,500 288,500 188,500 361,500 268,500 76,300 148,500 92,500 98,500 Total Cost $ 156,000 99,750 204,100 98,500 200,0০০ 110,500 288,956 150,250 66, 500 129,125 92,500 83,150 6. 8. 10 11 12 2. Predict future total costs when sales volume is (a) 377,000 units and (b) 417,000 units. 377,000 units 417,000 unita Total cost
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Required information Skip to question [The following information applies to the questions displayed below.] Alden Co.’s monthly unit sales and total cost data for its operating activities of the past year follow. Management wants to use these data to predict future fixed and variable costs. Month Units Sold Total Cost Month Units Sold Total Cost 1 315,500 $ 153,000 7 364,500 $ 311,084 2 160,500 96,750 8 265,500 147,250 3 260,500 201,100 9 76,900 69,500 4 200,500 95,500 10 145,500 126,125 5 285,500 197,000 11 89,500 89,500 6 185,500 107,500 12 95,500 86,150 1. Estimate both the variable costs per unit and the total monthly fixed costs using the high-low method. (Do not round intermediate calculations.) SEE PICTURE
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Alden Company's monthly data for the past year follow. Management wants to use these data to predict future variable and fixed costs. Month 1 2 Saw! 3 4 5 6 7 8 9 10 11 12 Units Sold 315,000 160,000 260,000 200,000 Total cost 285,000 185,000 365,000 265,000 77,000 145,000 89,000 95,000 Total Cost: $152,500. 96,250 200,600 95,000 196,500 107,000 314,800 146,750 70,000 125,625 89,000 86,650 2. Predict future total costs when sales volume is (a) 370,000 units and (b) 410,000 units. 370,000 units 410,000 units
A company has following details for this yearDetails Total sales($) Total cost($) Details Total sales($) Total cost($)Year ended 31/12/2018 35,78,998 25,89,709Year ended 31/12/2019 48,90,742 31,67,984 Calculate P/V ratio, Fixed cost, break even sales, Margin of safety 2018/2019, Variable cost 2018/2019and percent of fixed cost 2018/2019
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