Multiple Choice
Lawson Corporation
Lawson Corporation has the following data for use of its machinery
| Month | Usage | Cost |
| Jun | 600 | $750 |
| Jul | 650 | 775 |
| Aug | 420 | 550 |
| Sept | 500 | 650 |
| Oct | 450 | 570 |
Refer to Lawson Corporation.Using the high-low method,compute the fixed cost element (to the nearest whole dollar) .
A) $225
B) $138
C) $411
D) $364
Correct Answer:
Verified
Correct Answer:
Verified
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