Multiple Choice
Northlake,Inc. ,uses the high-low method to analyze cost behavior.The company observed that at 20,000 machine hours of activity,total maintenance costs averaged $10.50 per hour.When activity jumped to 24,000 machine hours,which was still within the relevant range,the average total cost per machine hour was $9.75.On the basis of this information,the company's fixed maintenance costs were:
A) $24,000.
B) $90,000.
C) $210,00.
D) $234,000.
E) an amount other than those listed abovE.
Correct Answer:
Verified
Correct Answer:
Verified
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