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Electrical Costs at One of Reifel Corporation's Factories Are Listed

Question 154

Multiple Choice

Electrical costs at one of Reifel Corporation's factories are listed below: Electrical costs at one of Reifel Corporation's factories are listed below: Management believes that electrical cost is a mixed cost that depends on machine-hours. Using the high-low method, the estimate of the variable component of electrical cost per machine-hour is closest to: A) $0.12 B) $20.38 C) $7.98 D) $3.97 Management believes that electrical cost is a mixed cost that depends on machine-hours. Using the high-low method, the estimate of the variable component of electrical cost per machine-hour is closest to:


A) $0.12
B) $20.38
C) $7.98
D) $3.97

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