Question: S6-8 Use the high-low method (Learning Objective 4) Based on last months records, Vochelle produced 44,000 bars of chocolate with a total manufacturing cost of

S6-8 Use the high-low method (Learning Objective 4)

Based on last month’s records, Vochelle produced 44,000 bars of chocolate with a total manufacturing cost of $120,000. Vochelle also has past records of total manufacturing cost being $100,000 when it produced 36,000 bars of chocolate. If Vochelle produces 40,000 bars of chocolate next month, what is the expected total manufacturing cost using the high-low method?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Managerial Accounting 8th Questions!