need help with this accounting question Total costs were $95,200 when 25,000 units were produced and$112,700 when 32,000 units were produced. Use the high-lowmethod to find the estimated total costs for a production level of28,000 units.

Step 1: Definition of the High-Low MethodThe high-low method is a way to estimate the fixed and…

Answered: Total costs were $95,200 when 25,000…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter2: Building Blocks Of Managerial Accounting

Section: Chapter Questions

Problem 5EA: Rose Company has a relevant range of production between 10,000 and 25.000 units. The following cost...

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Total costs were $95,200 when 25,000 units were produced and $112,700 when 32,000 units were produced. Use the high-low method to find the estimated total costs for a production level of 28,000 units.