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