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Compute the variable and fixed cost elements

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Reference no: EM13513455

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

Units Produced

Total Cost

March

9,800

$14,740

April

8,500

13,250

May

7,000

11,100

June

7,600

12,000

July

8,100

12,460

(a) Compute the variable and fixed cost elements using the high-low method.

(b) Estimate the total cost if the company produces 6,000 units.

 

Reference no: EM13513455

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