The Wildcat Company has provided the following information for the factory overhead cost pool:
Required:
Using the high-low method and the information provided above,
a. identify the linear cost function equation and
b. estimate the total cost at 36,000 units of output.

Question

The Wildcat Company has provided the following information for the factory overhead cost pool:
  Required:
Using the high-low method and the information provided above,
a. identify the linear cost function equation and
b. estimate the total cost at 36,000 units of output.

Quizplus · Accepted Answer

The Answer of The Wildcat Company has provided the following information for the factory overhead cost pool:
  Required:
Using the high-low method and the information provided above,
a. identify the linear cost function equation and
b. estimate the total cost at 36,000 units of output.

The Wildcat Company Has Provided the Following Information for the Factory