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    Business
  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 3

Question 3

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.What would be the estimate of electricity cost if the factory incurred 4,700 labor hours next month? A) $9,400 B) $20,260 C) $23,140 D) $19,560 Refer to Figure 3-11.What would be the estimate of electricity cost if the factory incurred 4,700 labor hours next month?


A) $9,400
B) $20,260
C) $23,140
D) $19,560

Correct Answer:

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