The following information is available for a company's utility cost for operating its machines over the last four months. Using the high-low method,the estimated total fixed cost for utilities is:
A)$1,500.
B)$3,600.
C)$6,000.
D)$3,300.
E)$2,100.

Question

The following information is available for a company's utility cost for operating its machines over the last four months.  Using the high-low method,the estimated total fixed cost for utilities is:
A)$1,500. 
B)$3,600. 
C)$6,000. 
D)$3,300. 
E)$2,100.

Quizplus · Accepted Answer

The Answer of The following information is available for a company's utility cost for operating its machines over the last four months.  Using the high-low method,the estimated total fixed cost for utilities is:
A)$1,500. 
B)$3,600. 
C)$6,000. 
D)$3,300. 
E)$2,100.

The Following Information Is Available for a Company's Utility Cost