# Anthem unit 4 11 7 Read Chapter 11, Exercise - 19815

Solution Posted by

## studentlance

Rating : (5)F
Solution Detail
Price: \$5.00
• Posted on: Fri 26 Jul, 2013
• Request id: None
• Purchased: 0 time(s)
• Average Rating: No rating
Request Description

Anthem unit 4 11 7 Read Chapter 11, Exercise 7 (E11-7) on page 451 of the textbook and complete the attached template

Shatner Inc .has decided to use the high-low method to estimate the total cost and the fixed and variable cost components of the total cost. The data for various levels of production are as follows:

Units Produced   7,500                Total Cost   \$600,000

12,500                                   \$ 725,000

20,000                                    \$ 800,000

A, Determine the variable cost per unit and the fixed cost.

B. Based on part (a) estimate the total cost for 10,000 units of production.

Exercise 11-7

Name: Section:

Score:  0%

Instructions

Answers are entered in the cells with gray backgrounds.

Cells with non-gray backgrounds are protected and cannot be edited.

A red asterisk (*) will appear in the row immediately to the right of an incorrect answer.

Solution Description

20,000

Attachments