Multiple Choice
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 fixed component of electrical cost per month is closest to:
A) $5,594
B) $3,514
C) $5,875
D) $5,840
Correct Answer:

Verified
Correct Answer:
Verified
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