Saundra B. owns a small manufacturing facility used to make scented candles. Saundra has compiled the...
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Saundra B. owns a small manufacturing facility used to make scented candles. Saundra has compiled the following information about her electricity costs. Machine hours Total electricity costs January February 1,250 $575 1,400 $580 March 1,000 $530 April May June July August September October 850 $400 900 $496 600 $340 750 $360 1,100 $480 1,150 $520 560 $300 November 860 $430 December 400 $200 Using the high-low method, what is the cost formula for Saundra's electricity costs? A Total Cost = $0.43 x Machine Hours + $28 В Total Cost = $0.49 x Machine Hours + $4 C Total Cost = $0.48 x Machine Hours + $8 D Total Cost = $0.38 x Machine Hour + $48 Saundra B. owns a small manufacturing facility used to make scented candles. Saundra has compiled the following information about her electricity costs. Machine hours Total electricity costs January February 1,250 $575 1,400 $580 March 1,000 $530 April May June July August September October 850 $400 900 $496 600 $340 750 $360 1,100 $480 1,150 $520 560 $300 November 860 $430 December 400 $200 Using the high-low method, what is the cost formula for Saundra's electricity costs? A Total Cost = $0.43 x Machine Hours + $28 В Total Cost = $0.49 x Machine Hours + $4 C Total Cost = $0.48 x Machine Hours + $8 D Total Cost = $0.38 x Machine Hour + $48
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Operations and Supply Chain Management
ISBN: 978-0078024023
14th edition
Authors: F. Robert Jacobs, Richard Chase
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