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    Managerial Accounting Study Set 14
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    Exam 1: Managerial Accounting and Cost Concepts
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    Using the High-Low Method, the Estimate of the Variable Component
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Using the High-Low Method, the Estimate of the Variable Component

Question 155

Question 155

Multiple Choice

Using the high-low method, the estimate of the variable component of office expense per escrow completed is closest to:


A) $26.75
B) $118.23
C) $36.11
D) $72.49

Correct Answer:

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