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Oriole Companys high and low level of activity last year was 53000 units of product produced in May and 30000 units produced in November. Machine
Oriole Companys high and low level of activity last year was 53000 units of product produced in May and 30000 units produced in November. Machine maintenance costs were $200200 in May and $122000 in November. Using the high-low method, determine an estimate of total maintenance cost for a month in which production is expected to be 38000 units.
$144200
$180200
$149200
$169700
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