Please given accounting question answer Coronado Industries' high and low level of activity last year was52,000 units of product produced in May and 21,000 unitsproduced in November. Machine maintenance costs were$147,200 in May and $66,600 in November.Using the high-low method, determine an estimate of totalmaintenance cost for a month in which production is expectedto be 45,000 units.a. $135,200b. $129,000c. $126,000d. $135,100

Step 1: Define High-Low MethodThe high-low method is a method to analyze mixed costs. This method…

Answered: Coronado Industries' high and low level…

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter6: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 2CMA

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Gribble Company’s high and low level of activity last year was 60,000 units of product produced in May and 20,000 units produced in November. Machine maintenance costs were $156,000 in May and $60,000 in November. Using the high-low method, determine an estimate of total maintenance cost for a month in which production is expected to be 45,000 units. Group of answer choices $117,000 $135,000 $120,000 $144,000

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