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The Following Data Pertains to Activity and Maintenance Cost for Two

Question 4

Multiple Choice

The following data pertains to activity and maintenance cost for two recent periods:
The following data pertains to activity and maintenance cost for two recent periods: Maintenance cost is a mixed cost with both fixed and variable components.Using the high-low method,the cost formula for maintenance cost is: A) Y = $4.25 X B) Y = $14,000 + $2.50 X C) Y = $2,500 + $4.25 X D) Y = $4.50 X Maintenance cost is a mixed cost with both fixed and variable components.Using the high-low method,the cost formula for maintenance cost is:


A) Y = $4.25 X
B) Y = $14,000 + $2.50 X
C) Y = $2,500 + $4.25 X
D) Y = $4.50 X

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