Question
7. Using the data in the following table, develop the cost model based on the high-low method. March April May June Activity level: direct labor
7. Using the data in the following table, develop the cost model based on the high-low method.
March April May June
Activity level: direct labor hours 30 35 42 40
Total overhead costs $100 $120 $136 $125
- Y = 10 + 3X
- Y = 10 + 5X
- Y= 45 + 3X
- Y = 45 + 5X
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Principles Of Cost Accounting
Authors: Edward J. Vanderbeck
12th Edition
0324100949, 978-0324100945
