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## Accounting

 Accounting Basics Cost Accounting Financial Accounting Managerial Accounting Auditing Taxation

Q1) Westminster Company has had the given experience over past five quarters:

 Units produced Electricity cost (\$) 27,000 101,000 32,000 120,000 31,000 116,000 20,000 84,000 22,000 90,000

a) Using high-low method, find out equation for electricity cost (Y) as function of units produced (X).  Suppose a linear function.

b) Using your equation, predict electricity cost at volume of 29,000 units produced.

Accounting Basics, Accounting

• Category:- Accounting Basics
• Reference No.:- M919078

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