The following data relates to the operation of a company over a period of three years; sales of GHC400000, GHC300000, and GHC450000 for years 1, 2, 3 respectively. The selling price during these periods were GHC100, GHC150, and GHC200, and the profits made on these sales are GHC80000, GHC60000, and GHC90000 for years 1, 2 and 3 respectively. Using the High-Low method, the estimated cost for an out level of 3000unit is OA. GHC160000 O B. GHC200000 OC. GHC280000 OD. GHC180000

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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The following data relates to the operation of a company over a period of three years; sales of GHC400000, GHC300000,
and GHC450000 for years 1, 2, 3 respectively. The selling price during these periods were GHC100, GHC150, and GHC200,
and the profits made on these sales are GHC80000, GHC60000, and GHC90000 for years 1, 2 and 3 respectively. Using the
High-Low method, the estimated cost for an out level of 3000unit is
OA. GHC160000
OB. GHC200000
OC. GHC280000
OD. GHC180000
Transcribed Image Text:The following data relates to the operation of a company over a period of three years; sales of GHC400000, GHC300000, and GHC450000 for years 1, 2, 3 respectively. The selling price during these periods were GHC100, GHC150, and GHC200, and the profits made on these sales are GHC80000, GHC60000, and GHC90000 for years 1, 2 and 3 respectively. Using the High-Low method, the estimated cost for an out level of 3000unit is OA. GHC160000 OB. GHC200000 OC. GHC280000 OD. GHC180000
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