Question: 22/23 Question 22 (5 points) Listen August was the month of highest activity level; total costs manufacturing overheads costs were $21,420; and the number of

Question 22 (5 points) Listen August was the month of highest activity

level; total costs manufacturing overheads costs were $21,420; and the number of

22/23

Question 22 (5 points) Listen August was the month of highest activity level; total costs manufacturing overheads costs were $21,420; and the number of purchase orders were 600. February was the month of lowest activity level; total costs manufacturing overheads costs were $18,060; and the number of purchase orders were 320. Using the "high-low" method of cost estimation, the total fixed costs was O A) $4,360 O B) $14,220 O C) $21,920 O D) $39.480 none of the above

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 Accounting Questions!