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The Following Information Is Available for a Company's Utility Cost

Question 116

Multiple Choice

The following information is available for a company's utility cost for operating its machines over the last four months. The following information is available for a company's utility cost for operating its machines over the last four months. Using the high-low method, the estimated variable cost per machine hour for utilities is: A) $3.38. B) $6.00. C) $2.50. D) $4.22. E) $6.17. Using the high-low method, the estimated variable cost per machine hour for utilities is:


A) $3.38.
B) $6.00.
C) $2.50.
D) $4.22.
E) $6.17.

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