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    Principles of Cost Accounting Study Set 1
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    Exam 4: Accounting for Factory Overhead
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    Nutt Industries Electricity Costs and Machine Hours Over a Six-Month
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Nutt Industries Electricity Costs and Machine Hours Over a Six-Month

Question 66

Question 66

Multiple Choice

Nutt Industries electricity costs and machine hours over a six-month period follow: Nutt Industries electricity costs and machine hours over a six-month period follow:   Using the high-low method, what is the estimated electricity cost per machine hour? A) $.60 B) $1.67 C) $1.00 D) $.80 Using the high-low method, what is the estimated electricity cost per machine hour?


A) $.60
B) $1.67
C) $1.00
D) $.80

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