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Given the following cost and activity observations for Smithson Company's utilities, use the high- low method to calculate Smithson's fixed costs per month. Round your
Given the following cost and activity observations for Smithson Company's utilities, use the high- low method to calculate Smithson's fixed costs per month. Round your final answer to the nearest dollar. Do not round interim calculations. January February March April a. $15,600 b. $49,920 c. $12,480 d. $26,520 Cost $26,800 36,400 28,900 31,100 Machine Hours 9,800 18,200 11,900 15,100
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International Financial Accounting And Reporting
Authors: Ciaran Connolly
2nd Edition
0903854724, 978-0903854726
