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

Question 92

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 fixed component of electrical cost per month is closest to: A) $7, 371 B) $5, 731 C) $5, 875 D) $5, 840 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) $7, 371
B) $5, 731
C) $5, 875
D) $5, 840

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