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...
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