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    Survey of Accounting Study Set 2
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    Exam 11: Cost Behavior and Cost-Volume-Profit Analysis
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    Given the Following Cost and Activity Observations for Merritt Company's
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Given the Following Cost and Activity Observations for Merritt Company's

Question 118

Question 118

Multiple Choice

Given the following cost and activity observations for Merritt Company's utilities,use the high-low method to calculate Merritt's fixed costs per month.
Given the following cost and activity observations for Merritt Company's utilities,use the high-low method to calculate Merritt's fixed costs per month.   A) $25,100 B) $50,000 C) $12,500 D) $2,600


A) $25,100
B) $50,000
C) $12,500
D) $2,600

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