Solution-What is the estimated total cost in month

What is the estimated total cost in month

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Reference no: EM132715540

Noriel company has collected the following information over the last six months:

Month units produced cost

July 10,000 P20,000

August 12,000 20,500

Sept 13,000 20,600

Oct 14,000 21,000

Nov 11,000 20,050

Dec 18,000 21,600

Problem 1: Using the high-low method, what is the estimated total cost in month when 14,000 units are produced

Choices:

Option 1: 21,000
Option 2: 24,800
Option 3: 25,943
Option 4: 20,800

Reference no: EM132715540

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What is the estimated total cost in month

Reference no: EM132715540

Reference no: EM132715540

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