If the Controller Uses the High-Low Method to Estimate Costs,the

question 21

Multiple Choice

If the controller uses the high-low method to estimate costs,the variable cost per machine hour is:

• A)$6.25
• B)$6.90
• C)$5.77
• D)$11.70

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Definitions:

Multiply

The process of calculating the total of one number added to itself a specified number of times.

Missing Factor

In mathematics, the unknown quantity in a multiplication problem that, when multiplied by a known quantity, gives a specific product.

Multiply

The mathematical operation of increasing one number by another number.

Combine

The process of adding or merging various elements or mathematical expressions together.