Using the high-low method, how much is the total cost of producing 130 grams of honey? The cost accountant of sweet company recorded these cost of producing honeybee: DAYS            GRAMS PRODUCED                 TOTAL COST INCURRED MON                    100                                            1000 TUES                     75                                                600 WED                      25                                                 400 THURS                    150                                              1500 FRI                           175                                               1600 SAT                          50                                                   600 SUN                        125                                                  1300

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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Using the high-low method, how much is the total cost of producing 130 grams of honey?

The cost accountant of sweet company recorded these cost of producing honeybee:

DAYS            GRAMS PRODUCED                 TOTAL COST INCURRED

MON                    100                                            1000

TUES                     75                                                600

WED                      25                                                 400

THURS                    150                                              1500

FRI                           175                                               1600

SAT                          50                                                   600

SUN                        125                                                  1300

 

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