Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Please explain how you got the answer. Thanks in advance! To follow is information about the units produced and total manufacturing costs for Pine Enterprises
Please explain how you got the answer. Thanks in advance!
To follow is information about the units produced and total manufacturing costs for Pine Enterprises for the past six months. Month January February March April May June Number of units produced 8,000 7,500 6,600 6,800 4,400 7,000 Total manufacturing costs $6,500 $8,000 $7,550 $7,650 $4,000 $7,750 Using the high - low method, what will the total monthly manufacturing costs be if the company produces 9,200 units? (Round intermediary calculations to the nearest cent.) OA. $7,328 O B. $6,348 OC. $11,868 OD. $980Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started