46.) Given the following information, choose the cost and activity that would be used as the high data point in high-low cost estimation: Costs (P) Activity (hours) 48 000 41 500 49 000 42 000 57 000 42 500 56 000 43 000 55 000 43 500 Group of answer choices P57 000 and 42 500 hours P55 000 and 42 500 hours P57 000 and 43 500 hoursP55 000 and 43 500 hours P55 000 and 43 000 hours P56 000 and 43 500 hours
46.) Given the following information, choose the cost and activity that would be used as the high data point in high-low cost estimation: Costs (P) Activity (hours) 48 000 41 500 49 000 42 000 57 000 42 500 56 000 43 000 55 000 43 500 Group of answer choices P57 000 and 42 500 hours P55 000 and 42 500 hours P57 000 and 43 500 hoursP55 000 and 43 500 hours P55 000 and 43 000 hours P56 000 and 43 500 hours
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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46.)
Given the following information, choose the cost and activity that would be used as the high data point in high-low cost estimation:
Costs (P) Activity (hours)
48 000 41 500
49 000 42 000
57 000 42 500
56 000 43 000
55 000 43 500
Group of answer choices
P57 000 and 42 500 hours
P55 000 and 42 500 hours
P57 000 and 43 500 hoursP55 000 and 43 500 hours
P55 000 and 43 000 hours
P56 000 and 43 500 hours
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