Question
Lawn Cut Perfection provided data concerning the costs incurred to mow residential lawns for which customers pay $45 per mowing. Data for the past 7
Lawn Cut Perfection provided data concerning the costs incurred to mow residential lawns for which customers pay $45 per mowing. Data for the past 7 months are as follows:
| January | February | March | April | May | June | July | |
| Number of lawns mowed | 200 | 110 | 150 | 100 | 220 | 120 | 210 |
| Mowing cost | $12,900 | $8,120 | $10,200 | $8,200 | $13,060 | $8,400 | $13,280 |
How much is the estimated variable cost of mowing one lawn using the high-low method?
| A. | $40.50 | |
| B. | $43.00 | |
| C. | $44.90 |
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Managerial Accounting Tools For Business Decision Making Wileyplus Lms Student Package
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
8th Edition
1119390249, 978-1119390244
