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

Question 87

Multiple Choice

Electrical costs at one of Noyd Corporation's factories are listed below: Electrical costs at one of Noyd 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) $0.11 B) $8.92 C) $94.27 D) $8.56 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) $0.11
B) $8.92
C) $94.27
D) $8.56

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