Betty DeRose, Inc. manufactures and sells a single product. Information related to the cost of producing this product for the past six months is provided below: Units Produced 5,360 4,840 Month June July August September October November 7,580 4,930 6,110 7,620 Total Cost Incurred $126,017 $118,831 $155,833 $119,246 $136,932 $157, 195 Betty DeRose, Inc. expects to produce 6,495 units of this product during December. Using the high-low method, calculate Betty DeRose, Inc's expected total cost incurred for December.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Betty DeRose, Inc. manufactures and sells a single product.
Information related to the cost of producing this product
for the past six months is provided below:
Units Produced
5,360
4,840
7,580
4,930
6,110
7,620
Month
June
July
August
September
October
November
Total Cost Incurred
$126,017
$118,831
$155,833
$119,246
$136,932
$157, 195
Betty DeRose, Inc. expects to produce 6,495 units of this
product during December.
Using the high-low method, calculate Betty DeRose, Inc's
expected total cost incurred for December.
Transcribed Image Text:Betty DeRose, Inc. manufactures and sells a single product. Information related to the cost of producing this product for the past six months is provided below: Units Produced 5,360 4,840 7,580 4,930 6,110 7,620 Month June July August September October November Total Cost Incurred $126,017 $118,831 $155,833 $119,246 $136,932 $157, 195 Betty DeRose, Inc. expects to produce 6,495 units of this product during December. Using the high-low method, calculate Betty DeRose, Inc's expected total cost incurred for December.
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