Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. high-low method ziegler inc. has decided to use th

High-Low Method Ziegler Inc. has decided to use the high-low method to estimate the total...

50.1K

Verified Solution

Question

Accounting

image
High-Low Method Ziegler Inc. has decided to use the high-low method to estimate the total cost and the fixed and variable cost components of the total cost. The data for various levels of production are as follows: Units Produced Total Costs 1,080 $108,000 2,050 162,840 3,480 168,000 a. Determine the variable cost per unit and the total fixed cost. Variable cost: (Round to the nearest dollar.) per unit Total fixed cost: b. Based on part (a), estimate the total cost for 1,640 units of production. Total cost for 1,640 units

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

1. The city council of Pine Bluffs is considering increasing the number of police officers in...

Statistics
Q

The maximum amount of time a guest at the Holiday Inn can wait for an elevator...

Statistics
Q

C++ The program implements the Number Guessing Game. However, in that program, the user is given as...

Programming
Q

please fix the code at the bottom to also report the percentages as well as the...

Programming
Q

I need information on Chipotle's price and cost management

General Management
Q

aw Hill LLC All Rights Reserved Terms of Use 66 Save For Later A Submit...

Statistics
Q

The probability P E or F is Simplify your answer

Statistics
Q

The payback period suffers from which of the following deficiencies? ...

Accounting
Q

BPs fourth-quarter 2010 earnings report included in the BP press release dated February 1, 2011,...

Accounting
Q

Rauth Inc. uses a job-order costing in which any underapplied or overapplied overhead is closed...

Accounting
Q

advantages and disadvantages of ratio analysis (use at least 6 references) and you are expected...

Accounting
Q

Kathy Little and her sister Julie are considering starting an online business selling custom made...

Accounting