Taunton Company Uses the High-Low Method to Estimate Its Cost

question 129

Multiple Choice

Taunton Company uses the high-low method to estimate its cost function. The information for 2017 is provided below:

What is the estimated total cost when 1,900 machine-hours are used?

• A) $509,600
• B) $290,000
• C) $489,700
• D) $157,700

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Definitions:

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