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WDX Inc. wants to estimate its costs based on past information. The total costs incurred by the company at different levels of output were
WDX Inc. wants to estimate its costs based on past information. The total costs incurred by the company at different levels of output were as follows: Output (units) Total cost incurred (R) 240 000 7 260 000 277 500 7 822 500 285 000 7 935 000 WDX Inc. uses the high-low method to separate total costs into their fixed and variable elements. Required: Ignoring inflation, compute the estimated total costs for an output of 305 000 units. A. R8 660 000 O B. R8 025 000 O C. R8 235 000 O D. R8 175 000
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