Question
Month Production Volume Electricity Cost January 4,200 $48,000 February 1,100 $16,000 March 3,300 $39,000 April 5,100 $52,000 Using the high-low method, an estimate of the
| Month
| Production Volume
| Electricity Cost
|
| January
| 4,200
| $48,000
|
| February
| 1,100
| $16,000
|
| March
| 3,300
| $39,000
|
| April
| 5,100
| $52,000
|
Using the high-low method, an estimate of the fixed cost for electricity would be
| a. $4,780 | ||
| b. $6,100 | ||
| c. $16,000 | ||
| d. $36,000 |
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Financial Statements Analysis Cases From Corporate India
Authors: Sandeep Goel
1st Edition
1138663921, 9781138663923
