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    Exam 1: Managerial Accounting and Cost Concepts
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    The Following Data Pertains to Activity and Utility Costs for Two
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The Following Data Pertains to Activity and Utility Costs for Two

Question 94

Question 94

Multiple Choice

The following data pertains to activity and utility costs for two recent years: The following data pertains to activity and utility costs for two recent years:   Using the high-low method,the cost formula for utilities is: A) $1.50 per unit B) $1.20 per unit C) $3,000 plus $3.00 per unit D) $4,500 plus $0.75 per unit Using the high-low method,the cost formula for utilities is:


A) $1.50 per unit
B) $1.20 per unit
C) $3,000 plus $3.00 per unit
D) $4,500 plus $0.75 per unit

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