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15. Will rate. terling Glass Company uses the high-low method to analyze mixed costs. The following information relates to the production data for the first
15.
Will rate.
terling Glass Company uses the high-low method to analyze mixed costs. The following information relates to the production data for the first six months of the year.
Month | Cost | Hours | |
January | $ | 4,700 | 480 |
February | $ | 5,125 | 640 |
March | $ | 6,020 | 670 |
April | $ | 4,665 | 440 |
May | $ | 5,865 | 1,040 |
June | $ | 5,590 | 620 |
What is the estimated total cost at an operating level of 270 hours?
Sterling Glass Company uses the high-low method to analyze mixed costs. The following information relates to the production data for the first six months of the year. Month January February March April May June Cost $ 4,700 $5,125 $6,020 $ 4,665 $5,865 $ 5,590 Hours 480 640 670 440 1,040 620 What is the estimated total cost at an operating level of 270 hours? (Round variable cost per unit to 2 decimal places.) Multiple Choice $4.325.00. $4.815.00 $4,125.65. $4,725.20Step by Step Solution
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