Gentry Industries has the following information about maintenance costs in the past six months. If the company uses the high-low method to analyze costs, Gentry's variable cost is:
A)$8.70
B)$1.60
C)$7.90
D)$6.00
E)None of the answers is correct.

Question

Gentry Industries has the following information about maintenance costs in the past six months.  If the company uses the high-low method to analyze costs, Gentry's variable cost is:
A)$8.70 
B)$1.60 
C)$7.90 
D)$6.00 
E)None of the answers is correct.

Quizplus · Accepted Answer

The Answer of Gentry Industries has the following information about maintenance costs in the past six months.  If the company uses the high-low method to analyze costs, Gentry's variable cost is:
A)$8.70 
B)$1.60 
C)$7.90 
D)$6.00 
E)None of the answers is correct.

Gentry Industries Has the Following Information About Maintenance Costs in the Past