Alden Co.’s monthly unit sales and total cost data for its operating activities of the past...

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.)

Predict future total costs when sales volume is (a) 371,000 units and (b) 411,000 units.

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ekkarill92 answered 1 year ago

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