Figure 3-13.The following 6 months of data were collected on electricity cost and the number of machine hours in a factory.
-Refer to Figure 3-13. A dependent variable value used in calculating the cost line using the high-low method is:
A) $27,900
B) 5,430
C) $25,160
D) 4,500

Question

Figure 3-13.The following 6 months of data were collected on electricity cost and the number of machine hours in a factory. 
-Refer to Figure 3-13. A dependent variable value used in calculating the cost line using the high-low method is:
A) $27,900 
B) 5,430 
C) $25,160 
D) 4,500

Quizplus · Accepted Answer

The dependent variable value used in calculating the cost line using the high-low method is the variable cost per unit. In this case, the variable cost per unit is $25,160.