Question
The following data is assembled for Steve company. Use the High Low method. Month Cost Hours Januray 24,400 2,000 February 39,000 2,200 March 35,280 2,750
The following data is assembled for Steve company. Use the High Low method.
Month Cost Hours
Januray 24,400 2,000
February 39,000 2,200
March 35,280 2,750
April36,400 3,500
May40,000 4,000
The expected total cost of operating level of 1,900 hours is ?
A. 23,180
B. 23,600
C. 24,000
D. 24,400
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Using Microsoft Excel and Access 2016 for Accounting
Authors: Glenn Owen
5th edition
1337109048, 1337109045, 1337342149, 9781337342148 , 978-1337109048
