Develop a monthly cost formula for coming year


Question: When Jerome Company's monthly costs were $75,000, sales were $80,000; when its monthly costs were $60,000, sales were $50,000. Use the high-low method to develop a monthly cost formula for Jerome's coming year.

Solution Preview :

Prepared by a verified Expert
Accounting Basics: Develop a monthly cost formula for coming year
Reference No:- TGS01927801

Now Priced at $20 (50% Discount)

Recommended (99%)

Rated (4.3/5)