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The following table indicates the total utility costs and number of guests at a small motel in the months of April through September. Using
The following table indicates the total utility costs and number of guests at a small motel in the months of April through September. Using the high-low method, determine the monthly fixed cost (to the nearest dollar). Month Guests Cost 570 $5,015 710 $5,089 705 $5,495 945 $6,577 815 $6,136 $5,332 O a. $3,936 O b. $2,641 O c. $5,015 O d. $1,562 April May June July August September 650
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Managerial accounting
Authors: ramji balakrishnan, k. s i varamakrishnan, Geoffrey b. sprin
1st edition
471467855, 978-0471467854
