The Controller of Joy Co Has Requested a Quick Estimate

Question 22
Multiple Choice

The controller of Joy Co has requested a quick estimate of the manufacturing supplies needed for July when production is expected to be 470,000 units.Below are actual data from the prior three months of operations: img Using these data and the high-low method,what is the best estimate of the cost of manufacturing supplies that would be needed for July? (Assume that this activity is within the relevant range. ) A) $752,060. B) $755,196. C) $805,284. D) $1,188,756.