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Managerial accounting Study Set 9
Quiz 3: Cost Behaviour: Analysis and Use
Using the High-Low Method,what Is the Fixed Portion of the Electrical
Question 57
Multiple Choice
Using the high-low method,what is the fixed portion of the electrical cost each month? A) $190. B) $280. C) $400. D) $760.
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Q 58
What is the best estimate of the company's variable operating expense per unit? A) $0.24 per unit. B) $0.91 per unit. C) $0.96 per unit. D) $4.17 per unit.
Q 59
What is the best estimate of the company's total fixed operating expense per year? A) $72,000. B) $188,000. C) $200,000. D) $212,000.
Q 60
What is the best estimate of the company's variable operating expenses per unit? A) $0.24 per unit. B) $0.71 per unit. C) $0.90 per unit. D) $4.17 per unit.
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