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adotey adotey
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A year ago

The following data pertains to activity and utility cost for two recent periods:

Activity level (units)15,00012,000
Utility cost$ 24,750$ 21,000

Utility cost is a mixed cost with both fixed and variable components. Using the high-low method, the cost formula for utility cost is: (Round your intermediate calculations to 2 decimal places.)



▸ Y = $1.65 X

▸ Y = $1.75 X

▸ Y = $3,750 + $1.75 X

▸ Y = $6,000 + $1.25 X
Textbook 
Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
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mossaddsmossadds
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