Question: FL Co. uses the high-low method to derive a total cost formula. Using a range of units produced from 1,400 to 4,300, and a range
FL Co. uses the high-low method to derive a total cost formula. Using a range of units produced from 1,400 to 4,300, and a range of total costs from $37, 000 to $42,000, producing 1,800 units will cost FL
A. $3,600
B. $81,771
C. $47,571
D. $37,800
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
