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Thibodeaux Tailors Has Gathered Information on Utility Costs for the Past

Question 36

Multiple Choice

Thibodeaux Tailors has gathered information on utility costs for the past year.The controller has decided that utilities are a function of the hours worked during the month.The following information is available and representative of the company's utility costs:

   Hours worked  Utility cost incurred
 Low point  1,300  $ 903
 High point  1,680  1,074

If 1,425 hours are worked in a month,total utility cost (rounded to the nearest dollar) using the high-low method should be


A) $947.
B) $954.
C) $959.
D) $976.

Correct Answer:

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