QRS Company would like to develop a cost model to predict future costs. Using the given...
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QRS Company would like to develop a cost model to predict future costs. Using the given data below, determine the cost that the company should anticipate in the future. Year 2019 2020 2021 2022 Activity 250 130 350 420 Using High-Low Method, determine the following costs: 5. Fixed Cost 6. Total Cost for 2022 Cost 59,370 54,390 63,520 ? QRS Company would like to develop a cost model to predict future costs. Using the given data below, determine the cost that the company should anticipate in the future. Year 2019 2020 2021 2022 Activity 250 130 350 420 Using High-Low Method, determine the following costs: 5. Fixed Cost 6. Total Cost for 2022 Cost 59,370 54,390 63,520 ?
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In the highlow method we select the highest and lowest activity levels and calculate the variable co... View the full answer
Related Book For
Fundamentals Of Corporate Finance
ISBN: 9780135811603
5th Edition
Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford
Posted Date:
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