The following information is available for a company's utility cost for operating its machines over the last four months. Using the high-low method,the estimated variable cost per machine hour for utilities is:
A)$3.38.
B)$6.00.
C)$2.50.
D)$4.22.
E)$6.17.

Question

The following information is available for a company's utility cost for operating its machines over the last four months.  Using the high-low method,the estimated variable cost per machine hour for utilities is:
A)$3.38. 
B)$6.00. 
C)$2.50. 
D)$4.22. 
E)$6.17.

Quizplus · Accepted Answer

The Answer of The following information is available for a company's utility cost for operating its machines over the last four months.  Using the high-low method,the estimated variable cost per machine hour for utilities is:
A)$3.38. 
B)$6.00. 
C)$2.50. 
D)$4.22. 
E)$6.17.

The Following Information Is Available for a Company's Utility Cost