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T.L. Franklin Corporation has three costs: A, which is varlable; B, which is fixed; and C, which is semivarlable. The company uses the high-low method
T.L. Franklin Corporation has three costs: A, which is varlable; B, which is fixed; and C, which is semivarlable. The company uses the high-low method and extracted the following data from its accounting records: - At 190,000 hours of activity, Cost A totaled $2,630,000. - At 118,261 hours, the low point durlng the period, Cost C totaled $1,508,000; at 210,000 hours, the high point, Cost C's fixed portion amounted to $2.00 per hour. - At 150,000 hours of activity, the sum of Costs A, B, and C amounted to $8,182,000. Requlred: A. Compute the varlable portion (total) of Cost C at 118,261 hours of activity. B. Compute Cost C (total) at 150,000 hours of activity. C. Compute Cost B (total) at 150,000 hours of activity. For all requirements, do not round Intermedlate calculations. Round your final answers to the nearest dollar amount
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