Question: Based on performance, you have been provided with the following information regarding ABC Ltd for the year ended 31 December 2004 : Labour hours Service

Based on performance, you have been provided with the following information regarding ABC Ltd for the year ended 31 December 2004 :

Labour hours Service cost (Shs)

Highest activity level 800 200,000

Lowest activity level 300 150,000

Required

Develop a total cost function based on the above data using the high-low method.

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