Mathematics · Cost Accounting - High-Low Method
A cleaning company has recorded the following activity and cost data: Level 1: 13,500 m2 cleaned | Overheads: £84,865 Level 2: 15,950 m2 cleaned | Overheads: £97,850 Using the high-low method, what is the estimated overhead cost if 18,300 m2 are to be cleaned?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1£112,500
- 2£115,490
- 3£110,305✓
- 4£108,045
Correct answer
£110,305
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