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    Cornerstones of Managerial Accounting Study Set 2
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    Exam 3: Cost Behaviour
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    Refer to Toronto Company
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Refer to Toronto Company

Question 59

Question 59

Multiple Choice

Refer to Toronto Company. What is the variable rate of the electricity cost when using the results of regression?


A) $9.67 per machine hour
B) $9.75 per machine hour
C) $10.25 per machine hour
D) $13.87 per machine hour

Correct Answer:

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