Current Attempt in Progress Sheridan Company collected the following production data for the past quarter: Units Month Produced March April May 5500 4500 3900 Total Cost Save for Later $191000 175000 If Sheridan uses the high-low method to project costs for the next quarter, what total cost equation will the company use? = 139800 O Total cost = $0+ $80/unit x Quantity O Total cost $77400+ $16/unit x Quantity O Total cost = $61800 + $20/unit x Quantity O Total cost = $15000+ $32/unit x Quantity Attempts: 0 of 1 used Submit An
Current Attempt in Progress Sheridan Company collected the following production data for the past quarter: Units Month Produced March April May 5500 4500 3900 Total Cost Save for Later $191000 175000 If Sheridan uses the high-low method to project costs for the next quarter, what total cost equation will the company use? = 139800 O Total cost = $0+ $80/unit x Quantity O Total cost $77400+ $16/unit x Quantity O Total cost = $61800 + $20/unit x Quantity O Total cost = $15000+ $32/unit x Quantity Attempts: 0 of 1 used Submit An
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
![esc
!
1
Q
A
Current Attempt in Progress
Sheridan Company collected the following production data for the past quarter:
2
Units
Month Produced
March
April
May
5500
4500
3900
W
Save for Later
If Sheridan uses the high-low method to project costs for the next quarter, what total cost equation will the company use?
O Total cost = $0 + $80/unit x Quantity
O Total cost = $77400+ $16/unit x Quantity
O Total cost = $61800 + $20/unit x Quantity
O Total cost = $15000+ $32/unit x Quantity
#3
Total
Cost
$191000
с
175000
E
139800
S D
$
4
R
G Search or type URL
FL
67 5⁰°
%
5
MacBook Pro
T
A
6
G
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7
H
U
Attempts: 0 of 1 used Submit An
J
Co
K
о
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Transcribed Image Text:esc
!
1
Q
A
Current Attempt in Progress
Sheridan Company collected the following production data for the past quarter:
2
Units
Month Produced
March
April
May
5500
4500
3900
W
Save for Later
If Sheridan uses the high-low method to project costs for the next quarter, what total cost equation will the company use?
O Total cost = $0 + $80/unit x Quantity
O Total cost = $77400+ $16/unit x Quantity
O Total cost = $61800 + $20/unit x Quantity
O Total cost = $15000+ $32/unit x Quantity
#3
Total
Cost
$191000
с
175000
E
139800
S D
$
4
R
G Search or type URL
FL
67 5⁰°
%
5
MacBook Pro
T
A
6
G
Y
&
7
H
U
Attempts: 0 of 1 used Submit An
J
Co
K
о
0
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