Solved

Using the High-Low Method, Calculate Variable Utilities Costs Per Machine

Question 72

Multiple Choice

Using the high-low method, calculate variable utilities costs per machine hour. ?  Cost  Machine Hours  January $8,20014,900 February 13,60021,200 March 5,6005,200 April 9,40017,900\begin{array} { l c c } & \text { Cost } & \text { Machine Hours } \\\text { January } & \$ 8,200 & 14,900 \\\text { February } & 13,600 & 21,200 \\\text { March } & 5,600 & 5,200 \\\text { April } & 9,400 & 17,900\end{array} ?


A) $0.33
B) $0.64
C) $0.50
D) $0.25

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents