Solved

Using the High-Low Method and the Information Below, Compute the Monthly

Question 121

Multiple Choice

Using the high-low method and the information below, compute the monthly variable cost per telephone hour for SKP Corporation.  Month  Telephone Hours Used  Telephone Expenses  April 100$4,500 May 1104,800 June 1505,400\begin{array}{lcc}\text { Month } & \text { Telephone Hours Used } & \text { Telephone Expenses } \\\text { April } & 100 & \$ 4,500 \\\text { May } & 110 & 4,800 \\\text { June } & 150 & 5,400\end{array}


A) $18.00
B) $36.00
C) $34.64
D) $45.00

Correct Answer:

verifed

Verified

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

Related Questions