Question
Presented below is the production data for six months of the year showing the mixed costs incurred by Famous Company. MONTH COST UNITS July $4,400
Presented below is the production data for six months of the year showing the mixed costs incurred by Famous Company.
| MONTH | COST | UNITS |
| July | $4,400 | 4,250 |
| August | $5,300 | 6,000 |
| September | $4,700 | 5,000 |
| October | $6,000 | 7,000 |
| November | $9,100 | 9,100 |
| December | $9,000 | 9,000 |
Famous Company uses the high-low method to analyze mixed costs. The predicted total cost at an operating level of 12,000 units is __________.
| A. | $11,918 | |
| B. | $12,135 | |
| C. | $12,424 | |
| D. | $12,000 |
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Audit Quality And Financial Statements Fraud Detection
Authors: Asma Al-znaimat, Mohammad Al- Dahiyat
1st Edition
3659537888, 978-3659537882
