Multiple Choice
Anaconda Mining Company shipped 9,000 tons of copper concentrate for $450,000 in March and 11,000 tons for $549,000 in April.Use the high-low method to estimate the shipping costs for 12,000 tons to be shipped in May.
A) $548,780.
B) $549,020.
C) $594,000.
D) $598,500.FC = 450,000 - 9,000 * 49.50 = $4,500
Correct Answer:
Verified
Correct Answer:
Verified
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