The Shapely Company Uses the High-Low Method to Determine Its

question 56

Multiple Choice

The Shapely Company uses the high-low method to determine its cost equation.The following information was gathered for the past year: If Shapely expects to use 10,000 machine hours next month,what are the estimated direct labor costs?

• A)$160,000
• B)$180,000
• C)$175,000
• D)$150,000

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