Problemtotal costs were 71000 when 29000 units were, Ask an Expert

Accounting

Problem:

Total costs were $71,000 when 29,000 units were produced and $92,200 when 37,000 units were produced.

Required:

Question: Use the high-low method to find the estimated total costs for a production level of 32,000 units.

Note: Please show how you came up with the solution.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M91165491

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