Multiple Choice
Using the high-low method if the highest maintenance cost and machine hours are $50 000 and 10 000 respectively and the lowest maintenance cost and machine hours are $20 000 and 4000 respectively, the variable maintenance costs per machine hour are:
A) $6.
B) $2.50.
C) $5.
D) $4.50.
Correct Answer:
Verified
Correct Answer:
Verified
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