Fromme's Frocks has the following machine hours and production costs for the last six months of...
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Fromme's Frocks has the following machine hours and production costs for the last six months of last year: Machine Production Month Hours Cost July 15,500 $12, 100 August 14,000 11,300 September 12,000 9,550 October 16, 000 12, 130 November 15,300 11,717 December 12,600 9,937 If Fromme expects to incur 11,100 machine hours in January, what will be the estimated total production cost using the high-low method? Fromme's Frocks has the following machine hours and production costs for the last six months of last year: Machine Production Month Hours Cost July 15,500 $12, 100 August 14,000 11,300 September 12,000 9,550 October 16, 000 12, 130 November 15,300 11,717 December 12,600 9,937 If Fromme expects to incur 11,100 machine hours in January, what will be the estimated total production cost using the high-low method?
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