Question
The following data has been assembled for Mildred Company. Use the high-low method. Month Cost Hours January $18,000 2,000 February $39,000 3,500 March $39,280 3,450
The following data has been assembled for Mildred Company. Use the high-low method. Month Cost Hours January $18,000 2,000 February $39,000 3,500 March $39,280 3,450 April $43,400 3,200 May $40,000 4,000
The variable cost per hour is ________.
| $10.40 | ||
| $11.00 | ||
| $9.00 | ||
| $10.00 |
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Managerial Accounting
Authors: Paul E. Dascher, Jerry R. Strawser, Robert H. Strawser, Ronald M. Copeland
8th Edition
0873937643, 978-0873937641
