Multiple Choice
The following data pertain to activity and utilities costs for two recent years:
Using the high-low method,what is the cost formula for utilities?
A) $1.20 per unit.
B) $1.50 per unit.
C) $3,000 plus $3.00 per unit.
D) $4,500 plus $0.75 per unit.FC = 12,000 - 10,000 * .75 = $4,500.
Correct Answer:

Verified
Correct Answer:
Verified
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