Question
In the last three months of 2016, the manufacturing costs of Xyli Inc. are provided below Total costs ($) Unit produced October 240,000 10,000 November
In the last three months of 2016, the manufacturing costs of Xyli Inc. are provided below
|
| Total costs ($) | Unit produced |
| October | 240,000 | 10,000 |
| November | 546,000 | 26,000 |
| December | 700,000 | 30,000 |
Using the high-low method, propose the formula of the estimated total cost for next year.
(Suggestion Y= ax+ b)
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Managerial Accounting For Undergraduates
Authors: James Wallace, Scott Hobson, Theodore Christensen
2nd Edition
1618533096, 9781618533098
