Question
Guardians ran its freezer in January, a slow month for 720 hours for a total cost of P120,000. In August, a peak month, the
Guardians ran its freezer in January, a slow month for 720 hours for a total cost of P120,000. In August, a peak month, the freezer ran for 1,500 hours at a cost of P80 per hour. Required: What is the estimated total cost at an operating level of 1,000 hours?
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To estimate the total cost at an operating level of 1000 hours we can use the highlow method The hig...Get Instant Access to Expert-Tailored Solutions
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Accounting
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
26th edition
128574361X, 978-1305446052, 1305446054, 978-1285743615
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