Garcia Industries collected the following production and cost data for the past four months: Month Units...
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Garcia Industries collected the following production and cost data for the past four months: Month Units Produced Total Cost March 15,000 $53,000 April 9,000 $38,000 May 11,000 $40,000 June 10,000 $42,000 Using the high-low method, what is the equation that represents the monthly total cost? O total cost $2,500 + ($2.00 x units produced) # O total cost = $500 + ($2.25 x units produced) O total cost $29,000+ ($1.00 x units produced) A O total cost $15,500+ ($2.50 x units produced) Garcia Industries collected the following production and cost data for the past four months: Month Units Produced Total Cost March 15,000 $53,000 April 9,000 $38,000 May 11,000 $40,000 June 10,000 $42,000 Using the high-low method, what is the equation that represents the monthly total cost? O total cost $2,500 + ($2.00 x units produced) # O total cost = $500 + ($2.25 x units produced) O total cost $29,000+ ($1.00 x units produced) A O total cost $15,500+ ($2.50 x units produced)
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Accounting Tools for business decision making
ISBN: 978-0470095461
4th Edition
Authors: kimmel, weygandt, kieso
Posted Date:
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