Using the high-low method and the information below, compute the monthly variable cost per telephone hour for
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Question:
Using the high-low method and the information below, compute the monthly variable cost per telephone hour for SKP Corporation.
| Telephone | |
Month | Used | Expenses |
April | 100 | $4,500 |
May | 110 | 4,800 |
June | 150 | 5,400 |
$18
$36
$34.64
$45
Using the information in #22 above, determine the monthly fixed costsfor telephone expenses SKP Corporation.
$1,800
$2,700
$3,640
$4,500
Related Book For
Horngrens Financial and Managerial Accounting
ISBN: 978-0133866292
5th edition
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
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