Georgia Meadows Company uses the high-low method to analyze production costs. The following information relates...
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Accounting
Georgia Meadows Company uses the high-low method to analyze production costs. The following information relates to the production data for the first six months of the year. Month Cost(Y) /Hours(H) January $ 8,542/ 6,530 February $ 7,750/5,950 March $ 9,700/7,500 April $ 7,435/5,700 May $ 7,200 /5,500 June $ 9,263 /6,750
What is the estimated total cost at an operating level of 8,000 hours?
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