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  3. Study Set
    Cornerstones of Cost Management Study Set 2
  4. Exam
    Exam 3: Cost Behavior
  5. Question
    Figure 3-11
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Figure 3-11

Question 152

Question 152

Multiple Choice

Figure 3-11. The following four months of data were collected on utility cost and the number of labor hours in a factory.
Figure 3-11. The following four months of data were collected on utility cost and the number of labor hours in a factory.   Refer to Figure 3-11.Using the high-low method,compute the variable rate for the utility cost. A) $1.02 B) $2.80 C) $1.07 D) $2.00 Refer to Figure 3-11.Using the high-low method,compute the variable rate for the utility cost.


A) $1.02
B) $2.80
C) $1.07
D) $2.00

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