Total costs incurred at various output levels for Gloria's Ltd. for a process operation in their factory have been measured as follows:Output Units3,5002,0002,6002,4503,0003.9003,7403380Total Cost$40,000$24,400$34,000$31,280$36,400$44,160$42,400$37.200ofstionIf Gloria uses the High-Low method for separating costs, the total cost for processing 6,100 units is:O a. $73,552O b. $37,996O C. $30,632O d. $67,040

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Description: Total costs incurred at various output levels for Gloria's Ltd. for a process operation in their factory have been measured as follows:Output Units3,5002,0002,6002,4503,0003.9003,7403380Total Cost$40,000$24,400$34,000$31,280$36,400$44,160$42,400$37.

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Total costs incurred at various output levels for Gloria's Ltd. for a process operation in their factory have been measured as follows: Output Units 3,500 2,000 2,600 2,450 3,000 Total Cost $40,000 $24,400 $34,000 $31,280 $36,400 $44,160 $42,400 $37.200 3,900 3,740 3380 If Gloria uses the High-Low method for separating costs, the total cost for processing 6,100 units is: O a. $73,552 O b. $37,996 OC $30,632 O d. $67,040

Total costs incurred at various output levels for Gloria's Ltd. for a process operation in their factory have been measured as follows: Output Units 3,500 2,000 2,600 2,450 3,000 Total Cost $40,000 $24,400 $34,000 $31,280 $36,400 $44,160 $42,400 $37.200 3,900 3,740 3380 If Gloria uses the High-Low method for separating costs, the total cost for processing 6,100 units is: O a. $73,552 O b. $37,996 OC $30,632 O d. $67,040

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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