Business, 01.02.2021 21:50 emcarrell

The controller of Fortnight Co. has requested a quick estimate of the manufacturing supplies needed for the Cleveland Plant for the month of July, when production is expected to be 480,000 units to meet the ending inventory requirements and sales of 485,000 units. Fortnight Co.'s budget analyst has the following actual data for the last three months. Month Production in Units Manufacturing Supplies
March 455,000 720,660
Apri 550,000 853,660
May 490,000 766, 710
Using the high-low method to develop a cost estimating equation, the total estimated cost of needed manufacturing supplies for July would be:.
a. $679,000
b. $755,660.
c. $762,660.
d. $672,000.

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