Question
Given the following cost and activity observations for Leno Enterprises' utilities, use the high low method to calculate Leno's variable utilities cost per machine hour:
Given the following cost and activity observations for Leno Enterprises' utilities, use the high low method to calculate Leno's variable utilities cost per machine hour:
Cost Machine Hours
September $4,100 22,000
October $3,700 18,000
November $3,900 19,000
December $4,500 28,000
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Computer Accounting Essentials With Microsoft Office Accounting 2007
Authors: Carol Yacht, Susan Crosson
1st Edition
0077233743, 978-0077233747
