Question
Todds Flowers used high-low data from June and July to determine its variable cost of $2.00 per unit. Additional information follows: Month Units produced Total
Todds Flowers used high-low data from June and July to determine its variable cost of $2.00 per unit. Additional information follows:
| Month | Units produced | Total costs |
| June | 20,000 | $49,000 |
| July | 17,000 | $43,000 |
If the company produces 950 units in August, how much is its total cost expected to be?
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Attorneys IRS Audit Technique Guide
Authors: Internal Revenue Service
1st Edition
1304112918, 978-1304112910
