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Taunton Company uses the high-low method to estimate its cost function. The information for 2017 is provided below: Highest observation of cost driver Lowest observation
Taunton Company uses the high-low method to estimate its cost function. The information for 2017 is provided below: Highest observation of cost driver Lowest observation of cost driver Machine - hours 4,000 3,000 Labor Costs $332,000 $312,000 What is the estimated total cost when 1,900 machine-hours are used? O A. $290,000 O B. $489,700 O C. $509,600 OD. $157,700
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