Given the following cost and activity observations for Smithson Company's utilities, use the high-low method to calculate
Question:
a. $2,530
b. $22,800
c. $1,600
d. $50,600
Transcribed Image Text:
Machine Hours Cost January $52,200 20,000 75,000 February 29,000 March 57,000 22,000 April 64,000 24,500
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ISBN: 978-0324663853
5th edition
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