Wildhorse Corp. has collected the following data concerning its maintenance costs for the past 6 months.JulyAugustSeptemberOctoberNovemberDecember(a1)Units ProducedSave for Later(a2)19,42034,528Total fixed costs38,84423,738Variable cost per unit $6743,16041,002eTextbook and MediaTotal Maintenance CostsCompute the unit variable costs using the high-low method for this mixed cost. (Round answer to 2 decimal places, e.g. 2.25.)un$47.14951,79259,34548,15080,38566,898Compute the fixed costs using the high-low method for this mixed cost.Assistance UsedAttempts: 0 of 5 usedSubmit Answer

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Description: Wildhorse Corp. has collected the following data concerning its maintenance costs for the past 6 months.JulyAugustSeptemberOctoberNovemberDecember(a1)Units ProducedSave for Later(a2)19,42034,528Total fixed costs38,84423,738Variable cost per unit $67

Variable cost is the cost that changes with change in the activity of cost driver used. The variable…

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Wildhorse Corp. has collected the following data concerning its maintenance costs for the past 6 months. July August September October November December (a1) Units Produced Save for Later (a2) 19,420 34,528 38,844 23,738 Total fixed costs $ 43,160 Variable cost per unit $ 41,002 eTextbook and Media Total Maintenance Costs $47,149 51,792 Compute the unit variable costs using the high-low method for this mixed cost. (Round answer to 2 decimal places, e.g. 2.25.) 59,345 48,150 80,385 66,898 Compute the fixed costs using the high-low method for this mixed cost. Assistance Used Attempts: 0 of 5 used Submit Answer

Wildhorse Corp. has collected the following data concerning its maintenance costs for the past 6 months. July August September October November December (a1) Units Produced Save for Later (a2) 19,420 34,528 38,844 23,738 Total fixed costs $ 43,160 Variable cost per unit $ 41,002 eTextbook and Media Total Maintenance Costs $47,149 51,792 Compute the unit variable costs using the high-low method for this mixed cost. (Round answer to 2 decimal places, e.g. 2.25.) 59,345 48,150 80,385 66,898 Compute the fixed costs using the high-low method for this mixed cost. Assistance Used Attempts: 0 of 5 used Submit Answer

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter2: Building Blocks Of Managerial Accounting

Section: Chapter Questions

Problem 9EA: The cost data for Evencoat Paint for the year 2019 is as follows: Using the high-low method, express...

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