Beta Companys records show the following data for the four quarters of 2019: Compute the fixed and

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Beta Company€™s records show the following data for the four quarters of 2019:

Direct Utilitles Quarter Labor Hours Cost $4,089 First 10,700 Second 12,700 5,010 Third 5,628 16,400 Fourth 11,700 4,125


Compute the fixed and variable elements of utilities cost, using the high-low point method.

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College Accounting Chapters 1-30

ISBN: 978-1259631115

15th edition

Authors: John Price, M. David Haddock, Michael Farina

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