Bell Company has provided the following data for maintenance costs:

Using the high-low method,what is the cost formula for maintenance cost?
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,what is the cost formula for maintenance cost?
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,what is the cost formula for maintenance cost?
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