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Accounting

How muchh is the total cost of production 150 grams of honey if the company uses the least squares method.

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter5: Process Costing

Section: Chapter Questions

Problem 1PA: The following product Costs are available for Haworth Company on the production of chairs: direct...

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Question

How muchh is the total cost of production 150 grams of honey if the company uses the least squares method.

The correct accountant of Sweet Company recorded these cost of producing honeybee:

Days Grams Produced Total Cost Incurred

Mon 100 P1,000

Tues 75 600

Wed 25 400

Thurs 150 1,500

Frid 175 1,600

Sat 50 600

Sun 125 1,300

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