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Answer the Following Questions Using the Information Below

Question 24

Multiple Choice

Answer the following questions using the information below:
For Alice Company, labor-hours are 25,000 and wages $94,000 at the high point of the relevant range, and labor-hours are 15,000 and wages $70,000 at the low point of the relevant range.
-What is the estimate of total labor costs at Alice Company when 10,000 labor-hours are used?


A) $17,000
B) $41,000
C) $21,167
D) $27,000

Correct Answer:

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