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Loafers are Us, a manufacturer of men’s dress shoes, uses the high low method to estimate cost behaviors. In its current manufacturing operations, three different cost types are incurred: A, B, and C. Per unit costs for each cost type at two different activity levels are as follows:   A B C 5,000 pairs of shoes         $4.00      $9.00      $4.00      7,500 pairs of shoes $4.00 $6.00 $3.00                If 10,000 pairs of shoes are produced, the total manufacturing costs would be: Units are not necessary (i.e. $ or commas)   Answer:

Loafers are Us, a manufacturer of men’s dress shoes, uses the high low method to estimate cost behaviors. In its current manufacturing operations, three different cost types are incurred: A, B, and C. Per unit costs for each cost type at two different activity levels are as follows:   A B C 5,000 pairs of shoes         $4.00      $9.00      $4.00      7,500 pairs of shoes $4.00 $6.00 $3.00                If 10,000 pairs of shoes are produced, the total manufacturing costs would be: Units are not necessary (i.e. $ or commas)   Answer:

Cornerstones of Cost Management (Cornerstones Series)
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter2: Basic Cost Management Concepts
Section: Chapter Questions
Problem 35P: Orman Company produces neon-colored covers for tablets (e.g., iPads). For last year, Orman reported...
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Loafers are Us, a manufacturer of men’s dress shoes, uses the high low method to estimate cost behaviors. In its current manufacturing operations, three different cost types are incurred: A, B, and C. Per unit costs for each cost type at two different activity levels are as follows:

 

A

B

C

5,000 pairs of shoes      

  $4.00     

$9.00     

$4.00     

7,500 pairs of shoes

$4.00

$6.00

$3.00

             

 If 10,000 pairs of shoes are produced, the total manufacturing costs would be:

Units are not necessary (i.e. $ or commas)

 

Answer:
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