Provide correct option with calculation Riverside Manufacturing had total costs of $85,200 when 28,000 units wereproduced and $99,600 when 34,000 units were produced. Use the high-lowmethod to estimate the total costs for a production level of 30,000 units.a. $90,400b. $92,800c. $94,600d. $96,000

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Answered: Riverside Manufacturing had total costs…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter5: Process Costing

Section: Chapter Questions

Problem 1PA: The following product Costs are available for Haworth Company on the production of chairs: direct...

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Riverside Manufacturing had total costs of $85,200 when 28,000 units were produced and $99,600 when 34,000 units were produced. Use the high-low method to estimate the total costs for a production level of 30,000 units. a. $90,400 b. $92,800 c. $94,600 d. $96,000