Westerville company accumulates the following data


Question -

Westerville Company accumulates the following data concerning a mixed cost, using units produced as the activity level.

 

Units Produced

Total Cost

March

10,033

$16,694

April

8,884

15,336

May

10,570

17,458

June

8,730

14,882

July

9,414

15,807

(a) Compute the variable cost per unit using the high-low method.

(b) Compute the fixed cost elements using the high-low method.

(c) Estimate the total cost if the company produces 8,250 units.

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Accounting Basics: Westerville company accumulates the following data
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