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The Following Data Pertains to Activity and Maintenance Cost for Two

Question 144

Multiple Choice

The following data pertains to activity and maintenance cost for two recent periods: The following data pertains to activity and maintenance cost for two recent periods: Maintenance cost is a mixed cost with both fixed and variable components. Using the high-low method, the cost formula for maintenance cost is: A) Y = $8,000 + $1.75 X B) Y = $3.75 X C) Y = $1,750 + $3.35 X D) Y = $3.35 X Maintenance cost is a mixed cost with both fixed and variable components. Using the high-low method, the cost formula for maintenance cost is:


A) Y = $8,000 + $1.75 X
B) Y = $3.75 X
C) Y = $1,750 + $3.35 X
D) Y = $3.35 X

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