Question
Trinity Co. uses the high-low method to derive a cost formula. Using a range of units produced from 1,500 to 7,500, and a range of
Trinity Co. uses the high-low method to derive a cost formula. Using a range of units produced from 1,500 to 7,500, and a range of total costs from $21,000 to $45,000, what will producing 2,000 units cost Trinity Co?
A. $8,000 B. $12,000
C. $23,000 D. $29,000
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Bookkeeping Management Understand And Manage From Financial Statements No Accounting Knowledge Necessary
Authors: Ed Wuensche
1st Edition
0692951997, 978-0692951996
