Solution-What is the estimated total cost at an operating

What is the estimated total cost at an operating level

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Problem - XYZ Company uses the high-low method to analyze mixed costs. During the year, the highest level of activity was in May and the lowest level of activity was in February. In February, the company worked 1100 hours and had a total cost of $46,300. In May, the company worked 27,000 hours and had a total cost of $110,300. What is the estimated total cost at an operating level of 18,000 hours?

Reference no: EM132783042

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What is the estimated total cost at an operating level

Reference no: EM132783042

Reference no: EM132783042

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