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Lawson Corporation Lawson Corporation Has the Following Data for Use of Its

Question 103

Multiple Choice

Lawson Corporation
Lawson Corporation has the following data for use of its machinery

 Month  Usage  Cost
 Jun  600  $750
 Jul  650  775
 Aug  420  550
 Sept  500  650
 Oct  450  570

Refer to Lawson Corporation.Using the high-low method,compute the fixed cost element (to the nearest whole dollar) .


A) $225
B) $138
C) $411
D) $364

Correct Answer:

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