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Question 118

Multiple Choice

Answer the following questions using the information below:
The Gangwere Company has assembled the following data pertaining to certain costs that cannot be easily identified as either fixed or variable. Gangwere Company has heard about a method of measuring cost functions called the high-low method and has decided to use it in this situation.
Answer the following questions using the information below: The Gangwere Company has assembled the following data pertaining to certain costs that cannot be easily identified as either fixed or variable. Gangwere Company has heard about a method of measuring cost functions called the high-low method and has decided to use it in this situation. -What is the estimated total cost at an operating level of 2,850 hours? A) $25,692 B) $33,240 C) $32,016 D) $34,736
-What is the estimated total cost at an operating level of 2,850 hours?


A) $25,692
B) $33,240
C) $32,016
D) $34,736

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