Question: Mazoon Company decided to use the high-low cost estimation method to analyze its mixed costs. During the year 2020, the highest level of activity at

Mazoon Company decided to use the high-low cost estimation method to analyze its mixed costs. During the year 2020, the highest level of activity at peak season was in August (40,500 labor hours for a total cost of $120.400) and the lowest level of activity was in November (13,000 labor hours for a total cost of $79.150). What is the estimated total cost for Mazoon Company at an expected operating level of 18,000 labor hours? a. $99.775 b. $104,650 c. $86,650 d. None of the answers given e $27.000

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