Use the following information to answer the next question(s).
The following information was collected regarding maintenance costs at different activity levels measured in machine hours:

-Using the high-low method, an estimate of the variable component for maintenance costs is
A) $50.00.
B) $52.50.
C) $64.28.
D) $75.00.

Question

Use the following information to answer the next question(s).
The following information was collected regarding maintenance costs at different activity levels measured in machine hours:
 
-Using the high-low method, an estimate of the variable component for maintenance costs is
A) $50.00. 
B) $52.50. 
C) $64.28. 
D) $75.00.

Quizplus · Accepted Answer

The Answer of Use the following information to answer the next question(s).
The following information was collected regarding maintenance costs at different activity levels measured in machine hours:
 
-Using the high-low method, an estimate of the variable component for maintenance costs is
A) $50.00. 
B) $52.50. 
C) $64.28. 
D) $75.00.

Use the Following Information to Answer the Next Question(s)