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    Management and Cost Accounting Study Set 1
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    Exam 23: Cost Estimation and Cost Behaviour
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    The Following Information Is Available for Electricity Costs for the Last
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The Following Information Is Available for Electricity Costs for the Last

Question 9

Question 9

Multiple Choice

The following information is available for electricity costs for the last six months of the year: The following information is available for electricity costs for the last six months of the year:   Using the high-low method, estimated variable cost per unit of production is A)  £1.26. B)  £1.53. C)  £1.65. D)  £1.77. Using the high-low method, estimated variable cost per unit of production is


A) £1.26.
B) £1.53.
C) £1.65.
D) £1.77.

Correct Answer:

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