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Test Content Question 1 Barkoff Enterprises, which uses the high - low method to analyze cost behavior, has determined that machine hours best explain the
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Barkoff Enterprises, which uses the highlow method to analyze cost behavior, has determined that machine hours best explain the company's utilities cost. The company's relevant range of activity varies from a low of maching hours to a high of machine hours, with the following data being available for the first six months of the year:
tableMonthUtilities,Machine HoursJanuary$FebruaryMarchAprilMayJune
The variable utilities cost per machine hour for Barkoff is:
$
$
None of the answers is correct.
$
$
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