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The Managerial Accountant at Hampson Company Reported the Following Information

Question 1

Multiple Choice

The managerial accountant at Hampson Company reported the following information:
The managerial accountant at Hampson Company reported the following information: Use the high-low method to and use the highest observation of the cost driver to compute the constant a,using a slope coefficient of $13.92 per machine hour. A = y - BX At the highest observation of the cost driver,the constant,a,is: A) $75.60 B) $76.80 C) $75.62 D) $79.60 E) $81.24
Use the high-low method to and use the highest observation of the cost driver to compute the constant a,using a slope coefficient of $13.92 per machine hour.
A = y - BX
At the highest observation of the cost driver,the constant,a,is:


A) $75.60
B) $76.80
C) $75.62
D) $79.60
E) $81.24

Correct Answer:

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