Question
Given the following costs and activities for Falcon Company's electrical costs, use the high-low method to compute Falcon's variable electrical costs per machine hour. Costs
Given the following costs and activities for Falcon Company's electrical costs, use the high-low method to compute Falcon's variable electrical costs per machine hour.
| Costs | Machine Hours | |
| April | $4,550 | 17,000 |
| May | 2,900 | 10,000 |
| June | 6,200 | 21,000 |
a.$0.44 per unit
b.$0.30 per unit
c.$3.33 per unit
d.$0.74 per unit
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Financial Accounting Tools for Business Decision Making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
9th edition
1-119-49356-3, 1119493633, 1119493560, 978-1119493631
