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Fromme's Frocks has the following machine hours and production costs for the last six months of last year: Month Machine Hours Production Cost July 15,000
Fromme's Frocks has the following machine hours and production costs for the last six months of last year:
Month
Machine Hours
Production Cost
July
15,000
$12,075
August
13,500
10,800
September
11,500
9,580
October
15,500
12,080
November
14,800
11,692
December
12,100
9,922
If Fromme expects to incur 14,000 machine hours in January, what will be the estimated total production cost using the high-low method?
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