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:
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.
Correct Answer:

Verified
Correct Answer:
Verified
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