Question: please answer the following question Use the High-Low method to estimate the TOTAL cost of 1100 units given the following data. High = 1,575 units
Use the High-Low method to estimate the TOTAL cost of 1100 units given the following data. High = 1,575 units costing $7,218 and Low = 923 units costing $4,591. a) Not enough information to determine the estimate b) $870.75 to 871.31 c) $5,303.75 to $5,304.31 d) $5,040.39 to $5,222.63
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