Data concerning Nelson Company's activity for the first six months of the year appear below: Using the high-low method of analysis, the estimated variable electrical cost per machine hour is:
A)$0.65
B)$0.40
C)$0.70
D)$0.67

Question

Data concerning Nelson Company's activity for the first six months of the year appear below:  Using the high-low method of analysis, the estimated variable electrical cost per machine hour is:
A)$0.65 
B)$0.40 
C)$0.70 
D)$0.67

Quizplus · Accepted Answer

The Answer of Data concerning Nelson Company's activity for the first six months of the year appear below:  Using the high-low method of analysis, the estimated variable electrical cost per machine hour is:
A)$0.65 
B)$0.40 
C)$0.70 
D)$0.67

Data Concerning Nelson Company's Activity for the First Six Months