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The Longreach Toy Factory Has Determined Machine Hours to Be

Question 33

Multiple Choice

The Longreach Toy Factory has determined machine hours to be the cost driver of the company's electricity costs. During the first six months of the year, the company incurred the following electricity costs: The Longreach Toy Factory has determined machine hours to be the cost driver of the company's electricity costs. During the first six months of the year, the company incurred the following electricity costs: Using the high-low method, estimate the variable cost per machine hour. A) $8.38 B) $7.44 C) $5.50 D) None of the given answers
Using the high-low method, estimate the variable cost per machine hour.


A) $8.38
B) $7.44
C) $5.50
D) None of the given answers

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