1 answer

Felix & Co. reports the following information about its units produced and total costs. Period 1...

Question:

Felix & Co. reports the following information about its units produced and total costs. Period 1 2 3 4 5 Unito Produced 0 450
Felix & Co. reports the following information about its units produced and total costs. Period 1 2 3 4 5 Unito Produced 0 450 850 1,250 1,650 Total Costa $2,550 3,150 3,750 1,350 4,950 Period 6 7 0 9 10 Units Produced 2,050 2,450 2,050 3,250 3, 650 Total Coata $5,550 6,150 6, 750 7,350 9,850 ek Estimate total costs if 3,050 units are produced. Complete the below table to calculate the fixed cost and variable cost of sales by using the high-low method. High-Low method - Calculation of variable cost per unit High-Low method - Calculation of fixed costs nces Total cost at the high point Variable costs at the high point: Volume at the high point: Variable cost per unit Total variable costs at the high point Total fixed costs Total cost at the low point Variable costs at the low point: Volume at the low point Variable cost per unit Total variable costs at the low point Totalfixed costs Estimated total cost

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A B С D E F G H K 1 2 3 2 Change in cost Change in Volume Change at high point (9850) - Cost at low point (2550) Change at hi

For calculation ref:

A B с D E F G H I K 1 2 3 Change in cost Change in Volume Change at high point (9850) - Cost at low point (2550) =9850-2550 V

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