The Following Information Is Available for Electricity Costs for the Last

question 49

Multiple Choice

The following information is available for electricity costs for the last six months of the year: $\begin{array}{lll}\text { Month }& \text { Production Volume } &\text { Electricity Costs }\\\text { July } & 1,400 & £ 3,150 \\\text { August } & 2,800 & 5,400 \\\text { September } & 3,200 & 5,700 \\\text { October } & 1,750 & 3,900 \\\text { November } & 1,200 & 2,400 \\\text { December } & 2,100 & 4,050\end{array}$ Using the high-low method, estimated variable cost per unit of production is

• A)£1.26.
• B)£1.53.
• C)£1.65.
• D)£1.77.

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Definitions:

Level Of Detail

The degree of specificity or comprehensiveness in which a subject is discussed or demonstrated.

Time Pressure

The stress or urgency to complete tasks or make decisions within a limited time frame.

Newness Of The Technology

The degree to which technology is recent or innovative, often impacting its adoption and implementation.

Adaptive System

A system that is capable of adjusting its behavior or operations in response to changing conditions or feedback.