Sunshine Plates Quarter Jan-Mar Apr-Jun Jul-Sep Oct-Dec Total Costs 77,900 36,000 23,000 42,000 Determine the cost function using High Low Analysis. What is the total cost if 5,000 plates are produced? Number of Plates Produced 8,100 3,900 2,000 4,200

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Sunshine Plates
Quarter
Jan-Mar
Apr-Jun
Jul-Sep
Oct-Dec
Total Costs
77,900
36,000
23,000
42,000
Determine the cost function using High Low Analysis.
What is the total cost if 5,000 plates are produced?
Number of Plates Produced
8,100
3,900
2,000
4,200
Transcribed Image Text:Sunshine Plates Quarter Jan-Mar Apr-Jun Jul-Sep Oct-Dec Total Costs 77,900 36,000 23,000 42,000 Determine the cost function using High Low Analysis. What is the total cost if 5,000 plates are produced? Number of Plates Produced 8,100 3,900 2,000 4,200
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