Business, 23.12.2019 22:31 cchave9563

Samuels, inc., which uses the high-low 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 600 machine hours to a high of 1,100 machine hours, with the following data being available for the first six months of the year: month utilities machine hoursjanuary $8700 800february 8360 720march 8950 810april 9360 920may 9625 950june 9150 9001.the variable utilities cost per machine hour is: a) $0.18.b) an amount other than those listed above. c) $4.50.d) $5.00.e) $5.50.2. the fixed utilities cost per month is: a) an amount other than those listed above. b) $4,760.c) $3,764.d) $5,100.e) $4,400.3. using the high-low method, the utilities cost associated with 980 machine hours would be: a) an amount other than those listed above. b) $9,660.c) $9,700.d) $9,790.e) $9,510.

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Samuels, inc., which uses the high-low method to analyze cost behavior, has determined that machine...

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