Figure 3-3. Okafor Company manufactures skis.The management accountant wants to calculate the fixed and variable costs associated with the leasing of machinery.Data for the past four months were collected.
Refer to Figure 3-3.Using the high-low method calculate the fixed cost of leasing
A)$482
B)$516
C)$420
D)$456

Question

Figure 3-3. Okafor Company manufactures skis.The management accountant wants to calculate the fixed and variable costs associated with the leasing of machinery.Data for the past four months were collected.
 Refer to Figure 3-3.Using the high-low method calculate the fixed cost of leasing
A)$482 
B)$516 
C)$420 
D)$456

Quizplus · Accepted Answer

The Answer of Figure 3-3. Okafor Company manufactures skis.The management accountant wants to calculate the fixed and variable costs associated with the leasing of machinery.Data for the past four months were collected.
 Refer to Figure 3-3.Using the high-low method calculate the fixed cost of leasing
A)$482 
B)$516 
C)$420 
D)$456