Total costs were $145,000 when 25,000 units were produced and $182,500 when 35,000 units were produced. Use the High-Low Method to find the estimated total costs for a production level of 30,000 units. a) $163,750 b) $154,500 c) $170,000 d) $168,250
Total costs were $145,000 when 25,000 units were produced and $182,500 when 35,000 units were produced. Use the High-Low Method to find the estimated total costs for a production level of 30,000 units. a) $163,750 b) $154,500 c) $170,000 d) $168,250
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter1: Introduction To Managerial Accounting
Section: Chapter Questions
Problem 3CMA: A firm has 100,000 in direct materials costs, 50,000 in direct labor costs, and 80,000 in overhead....
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Transcribed Image Text:Total costs were $145,000 when 25,000 units were produced and $182,500 when 35,000
units were produced. Use the High-Low Method to find the estimated total costs for a
production level of 30,000 units.
a) $163,750
b) $154,500
c) $170,000
d) $168,250
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