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The Following Data Has Been Assembled for Lion Company The Variable Cost Per Hour Is _____

Question 100

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The following data has been assembled for Lion Company.Use the high-low method.  Cost  Hours $24,4002,00039,0003,50039,2803,45043,4003,20044,1603,900\begin{array} { r l } { \text { Cost } } & \text { Hours } \\\$ 24,400 & 2,000 \\39,000 & 3,500 \\39,280 & 3,450 \\43,400 & 3,200 \\44,160 & 3,900\end{array} The variable cost per hour is _____.


A) $1.52
B) $1.84
C) $10.40
D) $8.64

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