Bell Company has provided the following data for maintenance costs:
Using the high-low method, the cost formula for maintenance cost would be:
A) $2.00 per machine hour
B) $1.625 per machine hour
C) $18,000 plus $0.50 per machine hour
D) $24,000 plus $0.50 per machine hour

Question

Bell Company has provided the following data for maintenance costs: 
Using the high-low method, the cost formula for maintenance cost would be:
A) $2.00 per machine hour 
B) $1.625 per machine hour 
C) $18,000 plus $0.50 per machine hour 
D) $24,000 plus $0.50 per machine hour

Quizplus · Accepted Answer

The Answer of Bell Company has provided the following data for maintenance costs: 
Using the high-low method, the cost formula for maintenance cost would be:
A) $2.00 per machine hour 
B) $1.625 per machine hour 
C) $18,000 plus $0.50 per machine hour 
D) $24,000 plus $0.50 per machine hour

Bell Company Has Provided the Following Data for Maintenance Costs