Given the following costs and activity observations for Pike Company's utilities,use the highlow method to calculate Pike's variable utilities costs per machine hour.
A)$0.55
B)$0.60
C)$0.52
D)$0.40

Question

Given the following costs and activity observations for Pike Company's utilities,use the high­low method to calculate Pike's variable utilities costs per machine hour.
A)$0.55
B)$0.60
C)$0.52
D)$0.40

Quizplus · Accepted Answer

The Answer of Given the following costs and activity observations for Pike Company's utilities,use the high­low method to calculate Pike's variable utilities costs per machine hour.
A)$0.55
B)$0.60
C)$0.52
D)$0.40

Given the Following Costs and Activity Observations for Pike Company's