Business, 14.01.2020 03:31 supersquad907p2m3vo
Song, inc., uses the high-low method to analyze cost behavior. the company observed that at 22,000 machine hours of activity, total maintenance costs averaged $33.40 per hour. when activity jumped to 25,000 machine hours, which was still within the relevant range, the average total cost per machine hour was $30.40. on the basis of this information, the fixed cost was:
a. $550,000.
b. $734,800.
c. $760,000.
d. $184,800.
e. $210,000.
Answers: 3
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Song, inc., uses the high-low method to analyze cost behavior. the company observed that at 22,000 m...
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