Question
Total costs were $72,600 when 28,000 units were produced and $93,800 when 39,000 units were produced. Use the high-low method to find the estimated total
Total costs were $72,600 when 28,000 units were produced and $93,800 when 39,000 units were produced. Use the high-low method to find the estimated total costs for a production level of 32,000 units.
Please demonstrateall steps to this question and the answer should equal to 80,396.36
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Cases in Finance
Authors: Jim DeMello
3rd edition
1259330476, 1259330478, 9781259352652 , 978-1259330476
