Pratt Tailors Has Gathered Information on Utility Costs for the Past

question 170

Multiple Choice

Pratt Tailors has gathered information on utility costs for the past year. The controller has decided that utilities are a function of the hours worked during the month. The following information is available and representative of the company's utility costs: If 1,425 hours are worked in a month, total utility cost (rounded to the nearest dollar) using the high-low method should be

• A) $947.
• B) $954.
• C) $959.
• D) $976.

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Definitions:

Explicit Memories

Memories that can be consciously recalled, such as facts or events.

Chunking

A memory technique that involves organizing information into manageable and meaningful groups or units to enhance recall.

Semantically

Relating to meaning in language or logic, especially in terms of the relationship between signifiers and what they stand for or represent.

Personally Meaningful

Pertaining to or having significance on a personal level, often invoking a sense of relevance or importance to an individual.