Z Company uses the high - low method to analyze mixed costs. During the year, thote level of activity was in May and the lowest level of activity was in February. In February, the company worind 11,00 hours and had a total cost of $ 46,300. In May, the company word 27,000 hours and had a total cost of $ 110,300. What is the estimated total cost at an operating level of 23,000 hours?
Z Company uses the high - low method to analyze mixed costs. During the year, thote level of activity was in May and the lowest level of activity was in February. In February, the company worind 11,00 hours and had a total cost of $ 46,300. In May, the company word 27,000 hours and had a total cost of $ 110,300. What is the estimated total cost at an operating level of 23,000 hours?
Chapter5: Process Costing
Section: Chapter Questions
Problem 2PB: The following product costs are available for Kellee Company on the production of eyeglass frames:...
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Z Company uses the high - low method to analyze mixed costs. During the year, thote level of activity was in May and the lowest level of activity was in February. In February, the company worind 11,00 hours and had a total cost of $ 46,300. In May, the company word 27,000 hours and had a total cost of $ 110,300. What is the estimated total cost at an operating level of 23,000 hours?
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