The following is actual data from the two months of operations. Pounds   Shipping expense 350   $61,250 500   $72,500   What is the best estimate of the total cost for shipping when production is expected to be 150 pounds? Group of answer choices $ 53,750 $48,750 $45,125 $46,250 $35,000

Principles of Accounting Volume 2
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ISBN:9781947172609
Author:OpenStax
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Chapter10: Short-term Decision Making
Section: Chapter Questions
Problem 14MC: A company produces two products. E and F in batches of 100 units. The production and cost data are:...
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The following is actual data from the two months of operations.

Pounds   Shipping expense
350   $61,250
500   $72,500


 
What is the best estimate of the total cost for shipping when production is expected to be 150 pounds?

Group of answer choices

$ 53,750

$48,750

$45,125

$46,250

$35,000

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