Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

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 15,900

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 15,900 $ 12,120
August 14,400 11,700
September 12,400 9,630
October 16,400 12,170
November 15,700 11,737
December 13,000 9,949

If Fromme expects to incur 11,500 machine hours in January, what will be the estimated total production cost using the high-low method?

A. $8,533.84.

B. $19,472.50.

C. $9,058.50.

D. $7,302.50.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting For Risk In The Nhs

Authors: P. Fenn, S. Diacon, R. Hodges, P. Watson

2nd Edition

1859713491, 978-1859713495

More Books

Students also viewed these Accounting questions

Question

Describe the stability of intelligence scores over the life span.

Answered: 1 week ago