Question
Brief Exercise 8-24 [LO 8-3] Miller Landscaping is attempting to estimate costs for future projects. Miller has compiled data and decided to use the high-low
Brief Exercise 8-24 [LO 8-3]
Miller Landscaping is attempting to estimate costs for future projects. Miller has compiled data and decided to use the high-low costing method. The low value is $257,703 for 5,053 hours, and the high value is $365,874 for 7,174 hours. What is the variable cost per hour?
Variable Cost: ______ per hour
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Audit Of Assumptions For The 2009 Pre Budget Report Report By The Comptroller And Auditor General, Session 2009-2010 Hc 83
Authors: National Audit Office
1st Edition
0102963371, 978-0102963373
