86. A company has recorded the following in the three most recent periods: Month July August September Total cost of production $ 406, 000 346, 000 368,000 Volume of production Units 24,000 18,000 20,000 Compute the estimated cost of production for October if the volume of production is expected to be 22,000 units. a. $386, 000. b. $387,000. c. $388, 000. d. $400,000.

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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86. A company has recorded the following in the three most recent periods: Month July August September
Total cost of production $ 406, 000 346, 000 368,000 Volume of production Units 24,000 18,000 20,000
Compute the estimated cost of production for October if the volume of production is expected to be 22,000
units. a. $386, 000. b. $387,000. c. $388, 000. d. $400,000.
Transcribed Image Text:86. A company has recorded the following in the three most recent periods: Month July August September Total cost of production $ 406, 000 346, 000 368,000 Volume of production Units 24,000 18,000 20,000 Compute the estimated cost of production for October if the volume of production is expected to be 22,000 units. a. $386, 000. b. $387,000. c. $388, 000. d. $400,000.
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