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Sheridan Manufacturing Company collected the following production data for the past month: Units Produced 1760 1260 1540 1100 Total Cost $59400 48900 60060 42900 If the high-low method is used, what is the monthly total cost equation? Total cost $14300 + $26/unit O Total cost = $19800 + $21/unit O Total cost = $0+ $39/unit O Total cost = $15400 + $25/unit =

Sheridan Manufacturing Company collected the following production data for the past month: Units Produced 1760 1260 1540 1100 Total Cost $59400 48900 60060 42900 If the high-low method is used, what is the monthly total cost equation? Total cost $14300 + $26/unit O Total cost = $19800 + $21/unit O Total cost = $0+ $39/unit O Total cost = $15400 + $25/unit =

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Sheridan Manufacturing Company collected the following production data for the past month: Units Produced 1760 1260. 1540 1100 Total Cost $59400 48900 60060 42900 If the high-low method is used, what is the monthly total cost equation? O Total cost = $14300 + $26/unit O Total cost = $19800 + $21/unit Total cost $0 + $39/unit O Total cost = $15400 + $25/unit
Transcribed Image Text:Sheridan Manufacturing Company collected the following production data for the past month: Units Produced 1760 1260. 1540 1100 Total Cost $59400 48900 60060 42900 If the high-low method is used, what is the monthly total cost equation? O Total cost = $14300 + $26/unit O Total cost = $19800 + $21/unit Total cost $0 + $39/unit O Total cost = $15400 + $25/unit
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