Solved

Chrysntag Company Incurred the Following Costs for the Months of January

Question 79

Multiple Choice

Chrysntag Company incurred the following costs for the months of January and February.

Chrysntag Company incurred the following costs for the months of January and February. Assume that output was 1,000 units in January and 3,500 units in February, utility cost is a mixed cost, and the fixed cost of utilities was $2,000.What was the variable rate per unit of output for utilities cost? A) $0.60 B) $0.40 C) $0.20 D) $0.30 Assume that output was 1,000 units in January and 3,500 units in February, utility cost is a mixed cost, and the fixed cost of utilities was $2,000.What was the variable rate per unit of output for utilities cost?


A) $0.60
B) $0.40
C) $0.20
D) $0.30

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q74: Using a linear regression program, the term

Q76: Generally Accepted Accounting Principles (GAAP) require the

Q77: Which of the following is not true

Q78: Select the appropriate item for each of

Q80: Loring Company had the following data for

Q81: Fixed costs are costs that in total

Q82: The high-low method:<br>A) is the most accurate

Q83: Select the appropriate item for each of

Q84: _ are costs that have both a

Q92: Match the costs that follow to the