8. Day Mail Order Co. applied the high-low method of cost estimation to customer order data for the first four months of 2020. What is the estimated variable order filing cost component per order? Orders 1,200 1,300 1,800 Costs January P3,120 February 3,185 March 4,320 3,895 April 1,700 a. P2.00 b. P2.42 c. P2.48 d. P2.50 e. None of these; answer is
8. Day Mail Order Co. applied the high-low method of cost estimation to customer order data for the first four months of 2020. What is the estimated variable order filing cost component per order? Orders 1,200 1,300 1,800 Costs January P3,120 February 3,185 March 4,320 3,895 April 1,700 a. P2.00 b. P2.42 c. P2.48 d. P2.50 e. None of these; answer is
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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![8. Day Mail Order Co. applied the high-low method of cost estimation to customer order data
for the first four months of 2020. What is the estimated variable order filing cost component
per order?
Orders
1,200
1,300
1,800
1,700
Costs
Р3,120
3,185
January
February
March
4,320
3,895
April
а. Р2.00
b. P2.42
с. Р2.48
d. P2.50
e. None of these;
answer is](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F517e69ce-da41-4419-a69e-23129267a365%2F4081af0f-8638-4dc3-adb9-59812d6ccd8d%2Frruq9a_processed.png&w=3840&q=75)
Transcribed Image Text:8. Day Mail Order Co. applied the high-low method of cost estimation to customer order data
for the first four months of 2020. What is the estimated variable order filing cost component
per order?
Orders
1,200
1,300
1,800
1,700
Costs
Р3,120
3,185
January
February
March
4,320
3,895
April
а. Р2.00
b. P2.42
с. Р2.48
d. P2.50
e. None of these;
answer is
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