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    Managerial Accounting
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    Exam 3: Cost Behavior, Cost Forecasting, and Segmented Income Statements
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    The Following Four Months of Data Were Collected on Utility
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The Following Four Months of Data Were Collected on Utility

Question 231

Question 231

Multiple Choice

The following four months of data were collected on utility cost and the number of labor hours in a factory.
The following four months of data were collected on utility cost and the number of labor hours in a factory.     -  Using the high-low method, compute the fixed cost of electricity. A)  $13,740 B)  $10,860 C)  $6,400 D)  None of these are correct.
- Using the high-low method, compute the fixed cost of electricity.


A) $13,740
B) $10,860
C) $6,400
D) None of these are correct.

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