Using the High-Low Method, the Variable Rate for Maintenance Is

question 22

Multiple Choice

$\begin{array}{ccc}\text { Month}&\text { Total Maintenance Cost}&\text { Production Volume (units) }\\\text { January } & \$ 1,980 & 1,850 \text { units } \\\text { February } & \$ 1,800 & 1,500 \text { units } \\\text { March } & \$ 2,200 & 2,600 \text { units } \\\text { April } & \$ 2,180 & 2,275 \text { units } \\\text { May } & \$ 2,300 & 2,750 \text { units }\end{array}$
Using the high-low method, the variable rate for maintenance is:

• A)$0.40.
• B)$0.75.
• C)$1.50.
• D)$2.00.

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Definitions:

Exercise

Physical activities that are performed in order to maintain or improve fitness and health.

Hours

Units of time equal to 60 minutes, commonly used to measure the duration of activities or to record time.

Retirement Ages

The ages at which individuals are typically expected or allowed to cease full-time employment and receive pension benefits.

GPA

An acronym for Grade Point Average, which is a numerical representation of a student's academic performance, averaged over a certain period.