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Hiss Corporation's activity for the last six months is as follows:Machine HoursElectrical ...

mickied

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Hiss Corporation's activity for the last six months is as follows:Machine HoursElectrical ...

Hiss Corporation's activity for the last six months is as follows:

	Machine Hours	Electrical Cost
July	2,000	$1,560
August	3,000	$2,230
September	2,400	$1,750
October	1,900	$1,520
November	1,800	$1,450
December	2,100	$1,600

Using the high-low method of analysis, the estimated variable cost per machine hour for electricity is closest to:

▸ $0.40

▸ $0.65

▸ $0.70

▸ $0.67

Textbook

Introduction to Managerial Accounting: Brewer Edition: 9e

Edition: 9^th

Authors: Brewer, Garrison, Noreen

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mickied Author

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This helped my grade so much Perfect

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Good timing, thanks!

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Thank you, thank you, thank you!

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