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    Managerial Accounting Study Set 5
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    Exam 22: Analyzing Mixed Costs
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    (Appendix 5A) Hiss Corporation's Activity for the Last Six Months
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(Appendix 5A) Hiss Corporation's Activity for the Last Six Months

Question 54

Question 54

Multiple Choice

(Appendix 5A) Hiss Corporation's activity for the last six months is as follows:
(Appendix 5A)  Hiss Corporation's activity for the last six months is as follows:    -Using the high-low method of analysis,the estimated fixed cost per month for electricity is closest to: A)  $260 B)  $235 C)  $280 D)  $800
-Using the high-low method of analysis,the estimated fixed cost per month for electricity is closest to:


A) $260
B) $235
C) $280
D) $800

Correct Answer:

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