Business, 04.04.2020 02:10, ayoismeisalex
Seifer Inc.'s inspection costs are listed below: Units Produced Inspection Costs April 119 $ 8,558 May 117 $ 8,535 June 113 $ 8,150 July 125 $ 8,736 August 152 $ 9,357 September 108 $ 8,321 October 120 $ 8,603 November 192 $ 10,337 Management believes that inspection cost is a mixed cost that depends on the number of units produced. Required: Using the high-low method, the estimates of the fixed component of inspection cost would be closest to:a.$22 per unit plus $6,000 per month
b.$14 per unit plus $8,000 per month
c.$25 per unit plus $5,400 per month
d.$18 per unit plus $6,800 per month
Answers: 1
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Seifer Inc.'s inspection costs are listed below: Units Produced Inspection Costs April 119 $ 8,558 M...
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