Electrical Costs at One of Rome Corporation's Factories Are Listed

question 82

Multiple Choice

Electrical costs at one of Rome Corporation's factories are listed below: Management believes that electrical cost is a mixed cost that depends on machine-hours.
Using the high-low method, the estimate of the fixed component of electrical cost per month is closest to: (Round your intermediate calculations to 2 decimal places.)

• A) $822
• B) $743
• C) $38
• D) $944

---

Definitions:

Power Hungry

Having an insatiable desire for control, authority, or influence over others.

Loyal Followers

Individuals who consistently support and remain faithful to a leader, brand, or organization over time.

Empowerment

The process of giving individuals or groups more control over their lives or the situation they are in.

Expert Power

The influence and authority a person gains from having expertise or specialized knowledge in a particular area.