The Shapely Company uses the high-low method to determine its cost equation.The following information was gathered for the past year: If Shapely expects to use 10,000 machine hours next month,what are the estimated direct labor costs?
A)$160,000.
B)$180,000.
C)$175,000.
D)$150,000.

Question

The Shapely Company uses the high-low method to determine its cost equation.The following information was gathered for the past year:  If Shapely expects to use 10,000 machine hours next month,what are the estimated direct labor costs?
A)$160,000. 
B)$180,000. 
C)$175,000. 
D)$150,000.

Quizplus · Accepted Answer

The Answer of The Shapely Company uses the high-low method to determine its cost equation.The following information was gathered for the past year:  If Shapely expects to use 10,000 machine hours next month,what are the estimated direct labor costs?
A)$160,000. 
B)$180,000. 
C)$175,000. 
D)$150,000.

The Shapely Company Uses the High-Low Method to Determine Its