Discuss the high-low method of cost estimation


Ingram Co. manufactures office furniture. During the most productive month of the year, 3,552 desks were manufactured at a total cost of $83,771. In its slowest month, the company made 1,243 desks at a cost of $38,679. Using the high-low method of cost estimation determine total fixed costs are?

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Accounting Basics: Discuss the high-low method of cost estimation
Reference No:- TGS0706062

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