Using the High-Low Method, Calculate Variable Utilities Costs Per Machine

question 75

Multiple Choice

Using the high-low method, calculate variable utilities costs per machine hour. ? $$\begin{array} { l c c } & \text { Cost } & \text { Machine Hours } \\\text { January } & \$ 8,200 & 14,900 \\\text { February } & 13,600 & 21,200 \\\text { March } & 5,600 & 5,200 \\\text { April } & 9,400 & 17,900\end{array}$$ ?

• A) $0.33
• B) $0.64
• C) $0.50
• D) $0.25

---

Definitions:

Competitive Strategies

Tactics and approaches that businesses adopt to outperform their rivals and achieve superior market position.

Competitive Advantage

The unique attributes or qualities a company possesses that enable it to outperform its competitors, generating greater sales or margins.

Corporate Governance

The system of rules, practices, and processes by which a company is directed and controlled, involving the balance among the interests of a company's stakeholders.

Strategic Management

The procedure of developing, executing, and assessing decisions across different functions to help an organization meet its goals.