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answer all parts (Click the icon to view the data.) Requirements Using the high-low method, answer the following questions: 1. What is the variable utilities
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(Click the icon to view the data.) Requirements Using the high-low method, answer the following questions: 1. What is the variable utilities cost per machine hour? 2. What is the fixed cost of utilities each month? 3. If Battle Company uses 1,260 machine hours in a month, what will its total costs be? Requirement 1 . What is the variable utilities cost per machine hour? Determine the formula that is used to calculate the variable cost (slope). Choose the correct answer below. A. Highest cost Highest volume = Variable cost (slope) B. Total operating cost - Total variable cost = Variable cost (slope) C. Change in volume Change in cost = Variable cost (slope) D. Lowest cost Lowest volume = Variable cost (slope) E. Change in cost Change in volume = Variable cost ( slope ) Data table Requirements Using the high-low method, answer the following questions: 1. What is the variable utilities cost per machine hour? 2. What is the fixed cost of utilities each month? 3. If Battle Company uses 1,260 machine hours in a month, what will its total costs beStep by Step Solution
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