Refer to Lethbridge Company. What is the total variable utility cost for the month of May?
A) $1,400
B) $5,440
C) $8,080
D) $9,480

Question

Quizplus · Accepted Answer

According to the table given in the question, the total variable cost for May is $16,200. To calculate the total variable utility cost, we need to subtract the total variable manufacturing cost ($4,720) and the total variable selling and administrative cost ($3,400) from the total variable cost. 
Therefore, the total variable utility cost for May is: 
$16,200 - ($4,720 + $3,400) = $8,080. 
Hence, the correct answer is option C.