Davenport Enterprises accumulates the following data concerning a mixed cost, using miles as the activity level. Miles Driven Total Cost Month January 12,000 $18,000 February 9,500 $15,200 March 10,500 $14,800 April 8,000 $13,000 Compute the variable and fixed cost elements using the high-low method.

The variable and fixed cost elements using the high low method

IN EXCEKL FORMAT

sing the following data, apply the high-low method of cost analysis to the three cost data groups:   Volume Alpha Beta Gamma 2,000 $6,600 $2,400 $8,000 6,000 $9,800 $7,000 $8,000 13,000 $13,000 $12,000 $8,000 20,000 $21,000 $24,000 $8,000     What cost behavior patterns are apparent for Beta?     Select one: a. Fixed b. Variable c. Mixed d. Semi-fixed e.  None of the above

Using miles as the activity level

Answer this cost accounting question

Hardev

The "x" in the overhead cost equation, y = $5.50x + $92,000, represents which of the following?     total overhead costs.     the variable costs.     total fixed costs.     the cost driver in units.

Harrington Corporation produces three products, A, B, and C. Pertinent information on these products is as follows:   Product Selling Price per Unit Variable Cost per Unit Fixed Costper Unit DL Hoursper Unit A $ 4.00   $ 1.00   $ 2.00   2   B $ 3.50   $ 0.50   $ 2.00   2   C $ 6.00   $ 2.00   $ 3.00   3       The objective function for a linear program to maximize contribution margin from the set of three products is:   Multiple Choice   Z = $3A + $2.50B + $5C.   Z = A + B + C.   Z = A + $0.50B + $2C.   Z = $3A + $3B + $4C.   Z = $4A + $3.50B + $6C.

High-low method Ziegler Inc. has decided to use the high-low method to estimate the total cost and the fixed and variable cost components of the total cost. The data for various levels of production are as follows: X Open spreadsheet 105,000 118,000 134,000 This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the questions below. Variable cost: Total fixed cost: Units Produced a. Determine the variable cost per unit and the total fixed cost. Round your answer for variable cost to the nearest cent. Round your answer for total fixed costs to the nearest dollar. Total Costs per unit Total cost for 86,000 units: $30,307,500 32,745,000 35,745,000 b. Based on part (a), estimate the total cost for 86,000 units of production. Round your answer to the nearest dollar.