Total costs incurred at various output levels for Gloria's Ltd. for a process operation in their factory have been measured as follows: Output Units 3,500 2,000 2,600 2,450 3,000 Total Cost $40,000 $24,400 $34,000 $31,280 $36,400 $44,160 $42,400 $37.200 3,900 3,740 3380 If Gloria uses the High-Low method for separating costs, the total cost for processing 6,100 units is: O a. $73,552 O b. $37,996 OC $30,632 O d. $67,040

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
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Chapter6: Activity-based, Variable, And Absorption Costing
Section: Chapter Questions
Problem 7EA: Rex Industries has two products. They manufactured 12,539 units of product A and 8.254 units of...
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Total costs incurred at various output levels for Gloria's Ltd. for a process operation in their factory have been measured as follows:
Output Units
3,500
2,000
2,600
2,450
3,000
3.900
3,740
3380
Total Cost
$40,000
$24,400
$34,000
$31,280
$36,400
$44,160
$42,400
$37.200
of
stion
If Gloria uses the High-Low method for separating costs, the total cost for processing 6,100 units is:
O a. $73,552
O b. $37,996
O C. $30,632
O d. $67,040
Transcribed Image Text:Total costs incurred at various output levels for Gloria's Ltd. for a process operation in their factory have been measured as follows: Output Units 3,500 2,000 2,600 2,450 3,000 3.900 3,740 3380 Total Cost $40,000 $24,400 $34,000 $31,280 $36,400 $44,160 $42,400 $37.200 of stion If Gloria uses the High-Low method for separating costs, the total cost for processing 6,100 units is: O a. $73,552 O b. $37,996 O C. $30,632 O d. $67,040
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