Question

1.)Markowis Company accumulates the following data concerning amixed cost, using miles as the activity level.



Miles Driven Total Cost Miles Driven Total Cost

January 7,920 $13,004 March 8,480 $13,324

February 7,500 12,050 April 8,240 13,174





Compute the variable and fixed cost elements using the high-lowmethod. (Round variable costs to 2 decimal places, e.g. 10.50 andthe other answer to 0 decimal places, e.g. 125.)



Variable costs per mile $ ?

Fixed costs $ ?





2.)Briggs Corp. has collected the following data concerning itsmaintenance costs for the past 6 months.

Units Produced Total Cost



July 18,090 $38,132

August 31,960 44,672

September 35,990 48,432

October 22,050 40,822

November 39,960 77,498

December 37,920 74,808





Compute the fixed and variable cost elements using the high-lowmethod. (Round variable cost to 2 decimal places, e.g. 10.50 andthe other answer to 0 decimal places, e.g. 125.)



Variable cost per unit $ ?

Fixed cost $ ?



3.)Astoria Company has a unit selling price of $566, variable costsper unit of $323, and fixed costs of $194,886. Compute thebreak-even point in units using the (a) mathematical equation and(b) contribution margin per unit.

BEP using the Mathematical equation?_______ units

BEP using the Contribution margin per unit?_____ units