company has recorded the following total costs during last five years
Considering that if the company's productions exceed 50.000 units, there will be a step up in fixed costs of €4.000,00 for every 25.000 units above the 50.000 units.
Using the High-Low Method, calculate the total cost that should be expected in 2024 if expected output is 77.000 units.
Year
Output Volume (units)
Total Cost
(€)
2019
60.000
€ 139.000,00
2020
47.000
€ 112.250,00
2021
74.000
€ 163.500,00
2022
68.000
€ 153.000,00
2023
81.000
€ 179.750,00