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m/courses/81 Question 9 3 pts Lee Corporation manufactures and sells party items. The following representative direct labor hours and production costs are provided for
m/courses/81 Question 9 3 pts Lee Corporation manufactures and sells party items. The following representative direct labor hours and production costs are provided for a four- month period: Month Direct Labor Hours Production Costs January 3,500 $15,000 February 4,800 $17,500 March 6,000 $20,000 April 4,800 $17,500 What is the best estimate of production costs using the high-low method if the expected direct labor is 5,000 labor hours? OA. $7,500 OB. $18,000 OC. $12,000 O D. $10,000
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