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Lethbridge Company Constructed the Following Formula for Monthly Utility Cost

Question 46

Multiple Choice

Lethbridge Company constructed the following formula for monthly utility cost.
Total utility cost = $1,400 + ($10.10 × labour hours)
Assume that 800 labour hours are budgeted for the month of May.
-Refer to the Figure.What is the total variable utility cost for the month of May?


A) $1,400
B) $5,440
C) $8,080
D) $9,480

Correct Answer:

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