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WILL ILLU - Lug TOLLE eBook Show Me How 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 4,060 $399,840 257,040 1,260 2,500 321,870 per unit a. Determine the variable cost per unit and the total fixed cost. Variable cost: (Round to the nearest dollar.) Total fixed cost: b. Based on part (a), estimate the total cost for 1,920 units of production Total cost for 1,920 units: Previous Check My Work 4 more Check My Work uses remaining Next 2:09 PM 3/18/2021 R HD AR Gwinnett Tech - Black Login Salary Paycheck Cal... eBook Show Me How Contribution Margin Ratio a. Yountz Company budgets sales of $1,300,000, fixed costs of $96,500, and variable costs of $429,000. What is the contribution margin ratio for Yountz Company? (Enter your answer as a whole number.) % b. If the contribution margin ratio for Vera Company is 44%, sales were $837,000, and fixed costs were $268,840, what was the income from operations? Previous Check My Work 4 more Check My Work uses remaining U Next do 209 PM 3/18/2021 i Gwinnett Tech - Bl... Login Salary Paycheck Cal eBook Show Me How Contribution Margin and Contribution Margin Ratio For a recent year, Wicker Company-owned restaurants had the following sales and expenses (in millions): Sales $16,600 Food and packaging Payroll $7,124 4,200 2,376 2,400 Occupancy (rent, depreciation, etc.) General, selling, and administrative expenses $16,100 Income from operations $500 Assume that the variable costs consist of food and packaging, payroll, and 40% of the general, selling, and administrative expenses.

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