Business, 14.07.2020 01:01, jeanlucceltrick09
The following information is available for a company's utility cost for operating its machines over the last four months.
Month Machine hours Utility cost
January 900 $ 5,450
February 1,800 $ 6,900
March 2,400 $ 8,100
April 600 $ 3,600
Using the high-low method, the estimated total fixed cost for utilities is:
a. $1,500.
b. $3,600.
c. $6,000.
d. $3,300.
e. $2,100.
Answers: 1
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