(Appendix 2A)Donner Company would like to estimate the variable and fixed components of its maintenance costs and has compiled the following data for the last five months of operations. Using the high-low method of analysis, the estimated variable cost per labor hour for maintenance is closest to:
A)$0.83
B)$1.84
C)$1.30
D)$1.14

Question

(Appendix 2A)Donner Company would like to estimate the variable and fixed components of its maintenance costs and has compiled the following data for the last five months of operations.  Using the high-low method of analysis, the estimated variable cost per labor hour for maintenance is closest to:
A)$0.83 
B)$1.84 
C)$1.30 
D)$1.14

Quizplus · Accepted Answer

The Answer of (Appendix 2A)Donner Company would like to estimate the variable and fixed components of its maintenance costs and has compiled the following data for the last five months of operations.  Using the high-low method of analysis, the estimated variable cost per labor hour for maintenance is closest to:
A)$0.83 
B)$1.84 
C)$1.30 
D)$1.14

(Appendix 2A)Donner Company Would Like to Estimate the Variable and Fixed