Business, 04.04.2020 05:31, katherineedwards1105

At the high level of activity in November, 7,000 machine hours were run and power costs were $18,000. In April, a month of low activity, 2,000 machine hours were run and power costs amounted to $9,000. Using the high-low method, the estimated fixed cost element of power costs is

A.
$5,400.

B.
$9,000.

C.
$12,600.

D.
$18,000.

Answers: 3

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At the high level of activity in November, 7,000 machine hours were run and power costs were $18,000...