Question -
Westerville Company accumulates the following data concerning a mixed cost, using units produced as the activity level.
|
|
Units Produced
|
Total Cost
|
|
March
|
10,033
|
$16,694
|
|
April
|
8,884
|
15,336
|
|
May
|
10,570
|
17,458
|
|
June
|
8,730
|
14,882
|
|
July
|
9,414
|
15,807
|
(a) Compute the variable cost per unit using the high-low method.
(b) Compute the fixed cost elements using the high-low method.
(c) Estimate the total cost if the company produces 8,250 units.