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

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

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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