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Given the Following Cost and Activity Observations for Pike Company's

Question 73

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Given the following cost and activity observations for Pike Company's utilities,use the high-low method to calculate Pike's variable utilities costs per machine hour.
Given the following cost and activity observations for Pike Company's utilities,use the high-low method to calculate Pike's variable utilities costs per machine hour. A) $0.55 B) $0.60 C) $0.52 D) $0.40


A) $0.55
B) $0.60
C) $0.52
D) $0.40

Correct Answer:

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