Please help me fill in the first blank on part b. e All Occasional Ta ?. Ask.com

Question

Please help me fill in the first blank on part b.

e All Occasional Ta ?. Ask.com RH 1930s Martini Sid W Student - Webste W Assignments: BU Week 8 HomeworX Y Use the high-low C Chegg Study | Gu ezto.mheducation.com/hm.tpx?-0.80637190361 99941-15320 amula for mixed cost. . 90% A department of Alpha Co. incurred the following costs for the month of September. Variable costs, and the variable portion of mixed costs, are a function of the number of units of activity: 5,500 Activity level in units Varlable costs Fixed costs Mixed costs Total costs 512,100 32,000 16,120 $60,220 During October the activity level was 8,400 units, and the total costs incurred were $68,500 Required: a. Calculate the variable costs, fixed costs, and mixed costs incurred during October Variable cost Fixed cost Mixed cost 5 18,480 S 32,000 S 18,020 b. Use the high-low methad to calculate the cost formula for mixed cost. (Do not round intermedlate calculations and round your answers to 2 decimal places.) t formula 0.66 per unit Type here to search 8:50 AM 7/20/2018

Explanation / Answer

fixed cost in mixed cost =total mixed cost at any activity level - variable cost in mixed cost

= 16120-(5500*0.655172)

=12516.55

First blank on part b is $12,516.55

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