Question
Noriel Company has collected the following information over the last six months: Month Units Produced Cost July 10,000 P 20,000 August 12,000 20,500 September 13,000
Noriel Company has collected the following information over the last six months:
Month Units Produced Cost
July 10,000 P 20,000
August 12,000 20,500
September 13,000 20,600
October 14,000 21,000
November 11,000 20,050
December 18,000 21,600
Using the high-low method, what is the estimated total cost in a month when 14,000 units are produced?Single choice.
(1 Point)
P 20,800
P 21,000
P 24,800
P 25,943
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Accounting Principles
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
10th Edition
1119491630, 978-1119491637, 978-0470534793
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