The following information is taken from Sweepy Broom Manufacturing Company Number of brooms Total production Cost...
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The following information is taken from Sweepy Broom Manufacturing Company Number of brooms Total production Cost produced 9800 7000 8000 7500 10100 9000 10500 11600 10600 8500 12100 11000 Required: Using the High-Low Method, determine the following: a. The variable production cost per unit b. The total fixed production cost c. The expected production cost to produce 12000 & 7300 brooms. Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec $17100 $15000 $16000 $15500 $17200 $17000 $19000 $20000 $18200 $16800 $20500 $18000 The following information is taken from Sweepy Broom Manufacturing Company Number of brooms Total production Cost produced 9800 7000 8000 7500 10100 9000 10500 11600 10600 8500 12100 11000 Required: Using the High-Low Method, determine the following: a. The variable production cost per unit b. The total fixed production cost c. The expected production cost to produce 12000 & 7300 brooms. Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec $17100 $15000 $16000 $15500 $17200 $17000 $19000 $20000 $18200 $16800 $20500 $18000
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To use the HighLow Method we need to find the highest and lowest production levels and their respect... View the full answer
Related Book For
Microeconomics Principles, Problems and Policies
ISBN: 978-1259450242
20th edition
Authors: Campbell R. McConnell, Stanley L. Brue, Sean Masaki Flynn
Posted Date:
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