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

Question 55

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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 fixed component of electrical cost per month is closest to: A)  $9,266 B)  $10,232 C)  $10,244 D)  $9,881 Management believes that electrical cost is a mixed cost that depends on machine-hours.
-Using the high-low method, the estimate of the fixed component of electrical cost per month is closest to:


A) $9,266
B) $10,232
C) $10,244
D) $9,881

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