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. 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
Correct Answer:

Verified
Correct Answer:
Verified
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