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Discuss relevant range and high-low method

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Reference no: EM131813534

Total cost @ 5,000 units

Total Cost @ 6,000 units

Variable Cost per Unit

Total Fixed Cost

Total Cost @ 7,000 units

Direct labor (variable)

$60,000

$72,000

 

 

 

Factory supervision (semi-variable)

$20,000

$22,000

 

 

 

Factory depreciation (fixed)

$18,000

$18,000

 

 

 

Relevant Range and High-Low Method

The following selected data relate to the major cost categories experienced by Sterling 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:

Reference no: EM131813534

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