Using the high low method, calculate variable utilities costs per machine hour Multiple Choice a $0 33 b $0 64 c $0 50 d $0 25 January February March April Cost $ 8,200 13,600 5,600 9,400 Machine Hours 14,900 21,200 5,200 17,900 January February March April Cost $ 8,200 13,600 5,600 9,400 Machine H...

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Using the high-low method, calculate variable utilities costs per machine hour. Multiple Choice: a. $0.33 b. $0.64

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Question:

Using the high-low method, calculate variable utilities costs per machine hour.

Multiple Choice:

a. $0.33

b. $0.64

c. $0.50

d. $0.25

Related Book For answer-question

Cornerstones of Financial and Managerial Accounting

ISBN: 978-1111879044

2nd edition

Authors: Rich, Jeff Jones, Dan Heitger, Maryanne Mowen, Don Hansen

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Posted Date: Oct 18, 2018 01:26 AM

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Using the high-low method, calculate variable utilities costs per machine hour. Multiple Choice: a. $0.33 b. $0.64

Question:

January February March April Cost $ 8,200 13,600 5,600 9,400 Machine Hours 14,900 21,200 5,200 17,900 January February March April Cost $ 8,200 13,600 5,600 9,400 Machine Hours 14,900 21,200 5,200 17,900

Expert Answer:

Cornerstones of Financial and Managerial Accounting

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