Solution-Compute the variable and fixed cost elements

Compute the variable and fixed cost elements

Reference no: EM13548698

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

	Units Produced	Total Cost
March	10,000	$18,000
April	9,000	16,650
May	10,500	18,750
June	8,800	16,200
July	9,500	17,100

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

(b) Estimate the total cost if the company produces 8,500 units.

Reference no: EM13548698

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Compute the variable and fixed cost elements

Reference no: EM13548698

Reference no: EM13548698

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