Answer the following questions using the information below:
For Alice Company, labor-hours are 25,000 and wages $94,000 at the high point of the relevant range, and labor-hours are 15,000 and wages $70,000 at the low point of the relevant range.
-What is the estimate of total labor costs at Alice Company when 10,000 labor-hours are used?
A)$17,000
B)$41,000
C)$21,167
D)$27,000

Question

Quizplus · Accepted Answer

The Answer of Answer the following questions using the information below:
For Alice Company, labor-hours are 25,000 and wages $94,000 at the high point of the relevant range, and labor-hours are 15,000 and wages $70,000 at the low point of the relevant range.
-What is the estimate of total labor costs at Alice Company when 10,000 labor-hours are used?
A)$17,000
B)$41,000
C)$21,167
D)$27,000

Answer the Following Questions Using the Information Below