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The EEE Company Has Obtained the Following Data

Question 131

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The EEE Company has obtained the following data:
The EEE Company has obtained the following data:    Required:  A)Using the high-low method,determine the cost function for the above data.Round to two decimal places. B)If direct labor hours equal 10,000,what are the total expected indirect production costs? Required:
A)Using the high-low method,determine the cost function for the above data.Round to two decimal places.
B)If direct labor hours equal 10,000,what are the total expected indirect production costs?

Correct Answer:

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A) (109,794 - 81,802)/(6,000 - 3,700)= 1...

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