Mathematics · Cost Accounting
The following data relate to the overhead expenditure of a contract cleaner at two activity levels: - Square metres cleaned: 13,500 | Overheads: $84,865 - Square metres cleaned: 15,950 | Overheads: $97,850 Using the high-low method, what is the estimated overhead cost if 18,300 square metres are to be cleaned?
- 1$210,305
- 2$130,305
- 3$120,305
- 4$110,305✓
Correct answer
$110,305
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