Chrome File Edit View History Bookmarks People Window Help 9996 E Sat 9:15 PM a

Question

Chrome File Edit View History Bookmarks People Window Help 9996 E Sat 9:15 PM a Notifica × Westerv X Sawasc X Glacial × Secure https://edugen.wileyplus.com/edugen/student/mainfr.uni WileyPLUS: MyWlleyPLUSI HelRI Contact UsI Log Out WileyPLUS Weygandt, Financial & Managerial Accounting, 2e Financial and Managerial Accounting (ACCTG 10 and 11) MESSAGE HY INSTRUCTOR STANDARD VIEW PRINTER VERSION BACK ASSIGNMENT RESOURCES Do It! Review 19-2 Ch 19 Homewor Westerville Company accumulates the following data concerning a mixed cost, using units produced as the activity level Questions Units Produced 10,050 8,950 10,600 8,750 9,440 Total Cost $19,512 17,572 20,262 17,172 18,052 Question 11 March April May June Question Do Iti Review 19 Compute the variable cost per unit using the high-low method. (Round variable cost per unit to 2 decimal places e.g. 12.25.) er Exercise 19-14(Pa Variable cost per unit s Exercise 19-16 (Pa LINK TO TEXT Review Results by Study Compute the fixed cost elements using the high-low method. (Round answer to 0 decimal places, e.g. 5,275.) Fixed cost LINK TO TEXT Estimate the total cost if the company produces 9,400 units. (Round answer to 0 decimal places, e.g. 5,275.) Total cost to produce 9,400 units LINK TO TEXT

Explanation / Answer

1) Variable cost per unit = ($20,262 - $17,172) / (10,600 - 8,750) = $3,090 / 1,850 = $1.67

2) Fixed cost = $20,262 - (10,600 × $1.67) = $2,560

3) Total cost to produce 9,400 units = (9,400 × $1.67) + $2,560 = $18,258

Related Questions

Navigate

• Browse (All)
• Browse C
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.