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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 16,500
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 | 16,500 | $ | 12,150 | |||||
August | 15,000 | 12,300 | ||||||
September | 13,000 | 9,650 | ||||||
October | 17,000 | 12,230 | ||||||
November | 16,300 | 11,767 | ||||||
December | 13,600 | 9,967 | ||||||
If Fromme expects to incur 12,100 machine hours in January, what will be the estimated total production cost using the high-low method?
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