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Hagler's Toupees has the following machine hours and production costs for the last six months of last year: Month Machine Hours Production Cost July 15,850
Hagler's Toupees has the following machine hours and production costs for the last six months of last year: |
Month | Machine Hours | Production Cost | |
July | 15,850 | 14,235 | |
August | 15,300 | 12,780 | |
September | 13,300 | 11,380 | |
October | 17,300 | 14,240 | |
November | 16,600 | 13,492 | |
December | 13,900 | 11,362 |
If Hagler expects to incur 15,800 machine hours in January, what will be the estimated total production cost using the high-low method? |
$13,820.00
$15,557.73
$13,130.00
$13,160.00
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