During the Months of January Through June, the Following Total

question 65

Essay

During the months of January through June, the following total utility costs were paid at various production volumes:
$\begin{array}{lcc}\text { Month } & \text { Total Utility Cost } & \text { Total Production Volume }\\\text { January } & \$ 10,000 & 32,000 \text { units } \\\text { February } & 14,000 & 52,000 \text { units } \\\text { March } & 16,000 & 64,000 \text { units } \\\text { April } & 12,000 & 40,000 \text { units } \\\text { May } & 8,000 & 24,000 \text { units } \\\text { June } & 20,000 & 72,000 \text { units }\end{array}$
a.Use the high-low method to calculate the cost formula utility costs.
b.If the production volume were expected to be 50,000 units for the month of July, what amount of total costs would be expected?

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Definitions:

Long-term Memory

The aspect of memory responsible for storing information over extended periods, potentially throughout a person’s life.

Retrograde Amnesia

A loss of memory-access to events that occurred, or information that was learned, before an injury or the onset of a disease.

Explicit Memory

Memory in which there is conscious recall of facts and events.

Episodic Memory

A subtype of long-term memory that involves the recollection of specific events, situations, and experiences, including their contexts and associated emotions.