Given the Following Cost and Activity Observations for Smithson Company's

question 223

Multiple Choice

Given the following cost and activity observations for Smithson Company's utilities, use the high-low method to calculate Smithson's fixed costs per month. Do not round intermediate calculations.

• A) $1,533
• B) $2,530
• C) $22,800
• D) $50,600

---

Definitions:

80 Percent Rule

A guideline in human resources indicating a test is considered to have adverse impact if the selection rate for a minority group is less than 80% of the rate for the group with the highest selection rate.

Adverse Impact

The unintended and negative effects of a company's policies, practices, or procedures on certain groups of employees or potential employees.

Panel Interview

An interview format where a candidate is questioned by multiple interviewers simultaneously, often used to assess the candidate from different perspectives.

Recruiting Methods

Various strategies and processes employed by organizations to attract and hire suitable candidates for job vacancies.