HL Co. uses the high-low method to derive a total cost formula. Using a range of units

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HL Co. uses the high-low method to derive a total cost formula. Using a range of units produced from 1,500 to 7,500, and a range of total costs from $21,000 to $45,000, producing 2,000 units will cost HL:

a. $8,000

b. $12,000

c. $23,000

d. $29,000

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Horngrens Cost Accounting A Managerial Emphasis

ISBN: 978-0134475585

16th edition

Authors: Srikant M. Datar, Madhav V. Rajan

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Question Posted: Aug 03, 2017 10:07 AM

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HL Co. uses the high-low method to derive a total cost formula. Using a range of units

Question:

Step by Step Answer:

Choice c is correct The highlow method is used to estimate both fixed and variable costs and can the...View the full answer

Horngrens Cost Accounting A Managerial Emphasis

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