Mixed costs using high-low method

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Mixed Costs Using High/Low Method

RZ Players accumulated the following production and overhead cost data for the past five months related to its production of cell phones:


Production (cell phones) Overhead Cost
January 13,500

$42,000

February 12,500

32,500

March 13,550

30,900

April 17,300

37,000

May 14,200

36,500

Required:

Round your answers to the nearest cent, if necessary. Use your rounded variable cost per unit for sequential calculations.

A. Use the high/low method to calculate the variable cost per unit and fixed costs for RZ Players.

Variable cost per unit $ per phone
Fixed cost $

What are estimated total costs for production of 32,550 cell phones?

Reference no: EM131126675

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