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The Following Information Is Available for a Company's Utility Cost

Question 5

Multiple Choice

The following information is available for a company's utility cost for operating its machines over the last four months. The following information is available for a company's utility cost for operating its machines over the last four months. Using the high-low method,the estimated total fixed cost for utilities is: A) $1,500. B) $3,600. C) $6,000. D) $3,300. E) $2,100. Using the high-low method,the estimated total fixed cost for utilities is:


A) $1,500.
B) $3,600.
C) $6,000.
D) $3,300.
E) $2,100.

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