High-Low Method Tashiro 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: Units Produced Total Costs 6,665 $650,160 2,365 417,960 4,240 502,020 a. Determine the variable cost per unit and the total fixed cost. Variable cost (Round to two decimal places.) per unit Total fixed cost b. Based on part (a), estimate the total cost for 3,250 units of production. Total cost for 3,250 units: $

High-low method Evander Inc. has decided to use the high-low method to estimate the total cost and the fixed and variable cost components of the t cost. The data for various levels of production are as follows: Units Produced Total Costs 2,100 3,770 5,600 $245,700 332,790 382,200 This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input answers in the questions below. X Open spreadsheet a. Determine the variable cost per unit and the total fixed cost. Variable cost $ Total fixed cost $ 36 X b. Based on part (a), estimate the total cost for 2,770 units of production. Total cost for 2,770 units

Complete the table below for the missing amounts. (Click the icon to view the table.) Compute the missing information, starting with scenario A, then for scenarios B and C. Number of units Sale price per unit Variable costs per unit Contribution margin per unit Total contribution margin Contribution margin ratio $ $ A 2,064 units 250 125 % ... Data table Number of units Sale price per unit Variable costs per unit Contribution margin per unit Total contribution margin Contribution margin ratio $ $ Print A 2,064 units 250 (a) 125 (b) (c) (d) 125 50 (e) $ 1,567,500 (f) $ B Done C 2,570 units (g) 4,528 (h) (1) 20% - X

Cullumber Company accumulates the following data concerning a mixed cost, using miles as the activity level. Miles Driven Total Miles Total Cost Driven Cost January 8,005 $14,170 March 8,500 $14,790 February 7,500 13,490 April 8,200 14,485 (a1) Your answer is correct. Compute the unit variable costs using the high-low method for this mixed cost. (Round answer to 2 decimal places, e.g. 2.25.) Variable cost per mile (a2) eTextbook and Media $ 1.3 Compute the fixed costs using the high-low method for this mixed cost. Total fixed costs +A $ Attempts: 1 of 10 used