Big Dave’s Bowling Ball Factory has the following financial information: Month Units Produced Manufacturing Costs (in$)...

Big Dave’s Bowling Ball Factory has the following financial information:

Month Units Produced Manufacturing Costs (in$)

July 648 1,748

August 653 1,770

September 652 1,758

October 650 1,755

November 700 1,800

December 660 1,780

January 550 1,500

February 600 1,600

March 647 1,750

April 653 1,760

May 652 1,740

June 655 1,769

Total 7,720 20,730

There were no beginning or ending inventories. The selling cost is $3/unit.

Required:

A. Using the High-Low method Calculate the total cost formula in the form “Y = aX+b”

B. What are the total estimated manufacturing costs if production is forecasted at 580 units?

Solutions

Expert Solution

ekkarill92 answered 1 year ago

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