Solution-What estimate of needed manufacturing supplies for

What estimate of needed manufacturing supplies for december

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Reference no: EM132820961

Question - Caterpillar' executive Manager has requested a quick estimate of the production supplies needed for the TALABAY for the month of December when production is planned to be 470,000 units to meet the desired ending inventory needs and sales of 475,000 units. Caterpillar's budget analyst has the following actual data for the last 3 months:

Month	Production in Units	Manufacturing Supplies
August	450,000	$723,060
September	540,000	853,560
November	480,000	766,560

Required - Using these data and the high-low method to develop a cost estimating equation, what the estimate of needed manufacturing supplies for December?

Reference no: EM132820961

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What estimate of needed manufacturing supplies for december

Reference no: EM132820961

Reference no: EM132820961

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