The Controller of Joy Co Has Requested a Quick Estimate

question 62

Multiple Choice

The controller of Joy Co has requested a quick estimate of the manufacturing supplies needed for July when production is expected to be 470,000 units.Below are actual data from the prior three months of operations:
Using these data and the high-low method,what is the best estimate of the cost of manufacturing supplies that would be needed for July? (Assume that this activity is within the relevant range. )

• A) $752,060.
• B) $755,196.
• C) $805,284.
• D) $1,188,756.