Ponszko Nursery Used High-Low Data from June and July to Determine

question 153

Multiple Choice

Ponszko Nursery used high-low data from June and July to determine its variable cost of $18 per unit.Additional information follows: $\begin{array}{llr}\text { Month}&\text { Units produced }&\text {Total costs }\\\text { June } & 2,000 & \$ 48,000 \\\text { July } & 1,000 & 30,000\end{array}$ If Ponszko's produces 2,300 units in August, how much is its total cost expected to be?

• A)$12,000
• B)$59,400
• C)$41,400
• D)$53,400

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Definitions:

Unclassified Balance Sheet

A balance sheet where assets, liabilities, and equity are not categorized into subgroups, presenting a simplified overview.