Question
Oriole Company collected the following production data for the past quarter: Units Month Produced 5000 March April May 4000 3700 Total Cost $205000 179000
Oriole Company collected the following production data for the past quarter: Units Month Produced 5000 March April May 4000 3700 Total Cost $205000 179000 163400 If Oriole uses the high-low method to project costs for the next quarter, what total cost equation will the company use?
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Managerial Accounting
Authors: Karen W. Braun, Wendy M. Tietz
4th edition
978-0133428469, 013342846X, 133428370, 978-0133428377
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