Question text Relevant Range and High-Low Method The following selected data relate to the major...
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Relevant Range and High-Low Method The following selected data relate to the major cost categories experienced by Shaw Company at varying levels of operating volumes. Assuming that all operating volumes are within the relevant range, calculate the appropriate costs in each column in which blanks appear:
Total Cost (@ 3,000 Units)
Total Cost (@ 4,000 units)
Variable Cost per Unit
Total Fixed Cost
Total Cost (@ 5,000 units)
Direct labor (variable)
$72,000
$96,000
Answer
Correct Mark 1.00 out of 1.00
Answer
Correct Mark 1.00 out of 1.00
Answer
Incorrect Mark 0.00 out of 1.00
Factory supervision (semi-variable)
50,000
65,000
Answer
Correct Mark 1.00 out of 1.00
Answer
Incorrect Mark 0.00 out of 1.00
Answer
Incorrect Mark 0.00 out of 1.00
Factory depreciation (fixed)
42,000
42,000
Answer
Correct Mark 1.00 out of 1.00
Answer
Correct Mark 1.00 out of 1.00
Answer
Correct Mark 1.00 out of 1.00
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