Answered

Westonci.ca connects you with experts who provide insightful answers to your questions. Join us today and start learning! Explore thousands of questions and answers from knowledgeable experts in various fields on our Q&A platform. Connect with a community of professionals ready to help you find accurate solutions to your questions quickly and efficiently.

January 400 $ 31,000 February 800 $ 37,000 March 1,600 $ 49,000 April 2,400 $ 61,000 Using the high-low method, the estimated total fixed cost is

Sagot :

Answer:

$25,000

Explanation:

The computation of the estimated total fixed cost is shown below:

But before that the variable cost per unit is

= ($61,000 - $31,000) ÷ (2,400 - 400)

= $30,000 ÷ 2,000

= $15

Now the estimated fixed cost is

= $61,000 - $15 × 2,400

= $61,000 - $36,000

= $25,000

Visit us again for up-to-date and reliable answers. We're always ready to assist you with your informational needs. We appreciate your visit. Our platform is always here to offer accurate and reliable answers. Return anytime. Your questions are important to us at Westonci.ca. Visit again for expert answers and reliable information.