For the last 2 months, APAY Mining Co. shipped 8,000 tons and 10,000 tons of coal and incurred ₱400,000 and ₱499,000 in shipping costs respectively. Assuming this activity is within the relevant range, expected shipping costs for 11,000 tons would be: a. ₱422,222 b. ₱544,500 c. ₱548,500 d. ₱554,000

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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For the last 2 months, APAY Mining Co. shipped 8,000 tons and 10,000 tons of coal and incurred ₱400,000 and ₱499,000 in shipping costs respectively. Assuming this activity is within the relevant range, expected shipping costs for 11,000 tons would be:

a. ₱422,222
b. ₱544,500
c. ₱548,500
d. ₱554,000

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