Question
Waterway Industriess high and low level of activity last year was 63000 units of product produced in May and 28000 units produced in November. Machine
Waterway Industriess high and low level of activity last year was 63000 units of product produced in May and 28000 units produced in November. Machine maintenance costs were $217600 in May and $105600 in November. Using the high-low method, determine an estimate of total maintenance cost for a month in which production is expected to be 51000 units.
a. $194400
b. $179200
c. $175200
d. $201600
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Empirical Studies On Economics Of Innovation Public Economics And Management
Authors: Mehmet Huseyin Bilgin, Hakan Danis, Ender Demir, Ugur Can
1st Edition
3319501631, 9783319501635
