At the high level of activity in September, Sonic Solutions ran 8,000 machine hours and power costs were $22,000. In March, a month of low activity, 3,000 machine hours were run and power costs amounted to $11,000. Using the high-low method, the estimated fixed cost element of power costs is: A. $15,000 B. $10,000 C. $4,400 D. $12,000

At the high level of activity in September, Sonic Solutions ran 8,000 machine hours and power costs were $22,000. In March, a month of low activity, 3,000 machine hours were run and power costs amounted to $11,000. Using the high-low method, the estimated fixed cost element of power costs is: A. $15,000 B. $10,000 C. $4,400 D. $12,000

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter10: Short-term Decision Making

Section: Chapter Questions

Problem 6PA: Gent Designs requires three units of part A for every unit of Al that it produces. Currently, part A...

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