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Use the Following Information to Answer the Following Questions

Question 47

Multiple Choice

Use the following information to answer the following Questions
Barkoff Enterprises, which uses the high-low method to analyze cost behavior, has determined that machine hours best explain the company's utilities cost. The company's relevant range of activity varies from a low of 600 machine hours to a high of 1,100 machine hours, with the following data being available for the first six months of the year: Use the following information to answer the following Questions Barkoff Enterprises, which uses the high-low method to analyze cost behavior, has determined that machine hours best explain the company's utilities cost. The company's relevant range of activity varies from a low of 600 machine hours to a high of 1,100 machine hours, with the following data being available for the first six months of the year:   -The fixed utilities cost per month for Barkoff is: A)  $3,764. B)  $4,400. C)  $4,760. D)  $5,100. E)  None of the answers is correct.
-The fixed utilities cost per month for Barkoff is:


A) $3,764.
B) $4,400.
C) $4,760.
D) $5,100.
E) None of the answers is correct.

Correct Answer:

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