High-low methodZiegler Inc. has decided to use the high-low method to estimate the totalcost and the fixed and variable cost components of the total cost. Thedata for various levels of production are as follows: Units Produced Total Costs 80,00092,000120,000 $25,100,00027,206,00032,120,000 A. Determine the variable cost per unit and the total fixed cost.B. Based on part (B), estimate the total cost for 115,000 units ofproduction.

Q: The Barnett Company has assembled the following data pertaining to certain costs that cannot be…

A:

Q: If variable manufacturing costs are $14 per unit and total fixed manufacturing costs are $212,800,…

A: Variable costing: Variable costing is one of the costing methods that allocate only variable costs…

Q: 30 Applied fixed overhead 20 Variable selling and administrative cost 5 Allocated fixed selling and…

A: Total Variable Cost = $ 30 + 5 = $ 35Total Price = $ 105. Total Markup = $ 105 - 35 = $ 70The mark…

Q: High-Low Method Ziegler Inc. has decided to use the high-low method to estimate the total cost and…

A: The combination of fixed cost and variable cost is known as mixed cost. The high-low method is used…

Q: e total maintenance cost of the lowest month is RM1,500 and the variable cost per unit is RM1.25…

A: Solution: Fixed portion of the mixed cost = Total cost of lowest month - variable cost = 1500 -…

Q: Net income under variable costing is P 30,000. Data shows: the total manufacturing cost per unit is…

A: The difference between the variable costing and absorption costing is that the fixed overhead costs…

Q: Bacho Corporation reports that at an activity level of 5,400 units, its total variable cost is…

A: Hey, since there are multiple questions posted, we will answer the first question. If you want any…

Q: 1) Mixed cost – high-low method analysis Byrnes Company accumulated the following data concerning a…

A:

Q: Classify each cost element as either fixed, variable, or mixed b) Calculate: i) the variable…

A: Fixed cost : which doesn't change with volume of production  Variable cost : which changes with…

Q: Tashiro Inc. has decided to use the high-low method to estimate the total cost and the fixed and…

A: High low method: Variable cost per unit = (Highest activity cost - Lowest activity cost) / (Highest…

Q: Your boss would like you to estimate the fixed and variable components of a particular cost Actual…

A: The least-squares regression method is a technique used to estimate a linear total cost function,…

Q: The Perize Corporation used regression analysis to predict the annual cost of indirect materials.…

A: Introduction:-  Perize Corporation used regression analysis to predict the annual cost of indirect…

Q: A company has developed a production cost equation for its lone product: Y = 30 + 5X, where X is…

A: Cost formula: It is used to derive the combined variable cost and fixed costs of produced goods of…

Q: HL Co. uses the high-low method to derive a total cost formula. Using a range of units produced from…

A: High low method: Variable cost per unit = (Highest activity cost - Lowest activity cost) / (Highest…

Q: Scenario: Emporia Hornets Company manufactures and sells one product for $34 per unit. The company…

A: Manufacturing costs are the cost paid during the production of a product. Direct costs, direct…

Q: High-Low Method Ziegler Inc. has decided to use the high-low method to estimate the total cost and…

A: Determination of Variable cost per unit   cost at highest unit-cost at lowest unit/Highest…

Q: Bruno Company accumulates the following data concerning a mixed cost, using miles as the activity…

A: The high low method is used to separate the fixed and variable costs from mixed cost.

Q: High-Low Method Ziegler Inc. has decided to use the high-low method to estimate the total cost and…

A: a) Under high-low method , Variable cost per unit is calculated in the following way: Fixed cost is…

Q: If the total fixed costs Omr 75000, variable cost per unit Omr 15 and contribution margin per units…

A: Solution: Break even point (units) = Fixed cost / Contribution margin per unit = 75000 / 25 = 3000…

Q: a) Classily each cost element as either fixed, variable, or mixed b) Calculate: ) the variable…

A: Solution Note dear student as per the Q&A guideline we are required to answer the first three…

Q: a) Classify each cost element as either fixed, variable, or mixed  b) Calculate: i) the variable…

A: Introduction Buggs off Corporation manufactures and distributes a mosquito repellent range that is…

Q: Suppose that the cost of producing X units of a product in a manufacturing company is F + VX where F…

A: Under the high low method, it separates the fixed as well as variable costs which is given for the…

Q: Emporia Hornets Company manufactures and sells one product for $34 per unit. The company maintains…

A: The break even sales are the sales where business earns zero profit and zero loss during the period.…

Q: High-Low Method Ziegler Inc. has decided to use the high-low method to estimate the total cost and…

A: Fixed costs and Variable costs are the two aspects of Total Costs. Fixed costs are costs that have…

Q: Tashiro Inc. has decided to use the high-low method to estimate the total cost and the fixed and…

A: The high-low method is used to differentiate the mixed cost. The mixed cost is the combination of…

Q: Bell Corporation reports that at an activity level of 8,700 units, its total variable cost is…

A: CVP analysis is considered as a decision-making tool that helps management to make strategies and…

Q: High-Low Method Tashiro Inc. has decided to use the high-low method to estimate the total cost and…

A: The question is related to segregation of seminvariabke cost into variable cost and fixed cost by…

Q: Tashiro Inc. has decided to use the high-low method to estimate the total cost and the fixed and…

A: Variable cost per unit = (Highest activity cost - Lowest activity cost) / (Highest activity units -…

Q: Ziegler Inc. has decided to use the high-low method to estimate the total cost and the fixed and…

A: These methods are used for determining the cost based on the high and low cost.

Q: High-Low Method Ziegler Inc. has decided to use the high-low method to estimate the total cost and…

A: a. Calculate the variable cost per unit using the high low method.

Q: If Actual sales are OMR 460000, Total Fixed costs OMR 120000, Selling price per unit OMR 50, and…

A: Martin of safety means sales revenue which is over and above break even sales revenue. Break even…

Q: Question 10   High-Low Method Ziegler Inc. has decided to use the high-low method to estimate the…

A: High-low method is one of simple method used in cost accounting to determine the variable cost and…

Q: Wildhorse Company has a unit selling price of $730, variable costs per unit of $500, and fixed costs…

A: Break-even-point is a point where the company suffers no gain and no loss. If a company sale below…

Q: The following information relates to Everstream Ltd: Variable manufacturing cost 500 Applied…

A: Fixed cost is the cost that remains same at all level of production, even at zero level of…

Q: Ziegler Inc. has decided to use the high-low method to estimate the total cost and the fixed and…

A: Variable cost per unit = (Highest activity cost - Lowest activity cost) / (Highest activity units -…

Q: The following information relates to the operations of a company; cost per unit from supplier-…

A: Solution = Selling price is by adding 20%   cost of product is =80 selling price = 80/1-.20…

Q: Tashiro Inc. has decided to use the high-low method to estimate the total cost and the fixed and…

A: Variable cost per unit = (highest cost - lowest cost) /(highest units - lowest units)

Q: High-Low Method Ziegler Inc. has decided to use the high-low method to estimate the total cost and…

A: Working note:

Q: total cost C for a manufacturer during a given time period is a function of the number N of items…

A: Price of widgets= Total Revenue from widgets Total units sold                  p       =RN

Q: High-Low Method Ziegler Inc. has decided to use the high-low method to estimate the total cost and…

A: High-Low Method: The high-low method is that method by which the variable component and the fixed…

Q: Tashiro Inc. has decided to use the high-low method to estimate the total cost and the fixed and…

A: Variable cost per unit = (Highest activity cost - Lowest activity cost) / (Highest activity units -…

Q: Emporia Hornets Company manufactures and sells one product for $34 per unit. The company maintains…

A: Operating leverage measures the degree to which a project can increase operating income by…

Q: Tashiro Inc. has decided to use the high-low method to estimate the total cost and the fixed and…

A: Highest level of activity is at 90000 units.  Lowest level of activity is at 60000 units

Q: Using the following table a) construct the cost schedule for a firm operating in the short run…

A: A cost involved in producing goods or services may be its fixed cost, variable cost, or mixed cost.…

Q: High-Low Method Tashiro Inc. has decided to use the high-low method to estimate the total cost and…

A: Highest activity = 6300 units Lowest activity = 2100 units Difference = 4200 units

Q: High-Low Method Tashiro Inc. has decided to use the high-low method to estimate the total cost and…

A: HIgh low method: Under this method refers to that cost technique under which only variable costs are…

Q: For planning and control purposes, managers often compare planned and actual contribution margin.…

A: Computation of Contribution Margin

Q: Medoc Company provides the following information about its single product Targeted operating income…

A: Target operating income: It refers to the desired amount of profit that a company expects to achieve…

Pricing

Pricing is used as a term in finance and economics, pricing is the process of fixing a value for a product or a service. Pricing establishes a value for a product or service that the customer has to pay. A business can choose from different strategies while deciding to set prices.