Business, 25.06.2020 02:01 Ayori144

The Morrow Company has assembled the following data pertaining to certain costs that cannot be easily identified as either fixed or variable. Morrow Company has heard about a method of measuring cost functions called the high-low method and has decided to use it in this situation. Month Cost Hours January $40,000 3,730 February $37,600 3,200 March $42,800 3,480 April $50,200 5,000 May $68,400 6,000 June $61,200 4,250 What is the estimated total cost at an operating level of 3,400 hours

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