Smith Company Is Attempting to Develop the Cost Function for Repair

question 111

Multiple Choice

Smith Company is attempting to develop the cost function for repair costs. The following past data are available:
$\begin{array}{lr}\text { Machine Hours }&\text {Repair Costs }\\4,800 & \$ 6,385 \\3,400 & 4,585 \\4,000 & 5,285 \\5,900 & 7,085\end{array}$
Using the high-low method, what is the variable repair cost per machine hour?

• A) $0.15
• B) $1.00
• C) $4.00
• D) $5.00

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Definitions:

Spreading Damaging Rumors

The act of disseminating false or malicious information about someone or something, which can harm reputations and relationships.

Aggression

Behavior intended to harm or intimidate others, which can be physically or verbally manifested.

Renders the Workplace Atmosphere

Influences or determines the mood, environment, or character of a professional setting.

Hostile Work Environment

Refers to a workplace in which the behavior, practices, or policies have created a profoundly uncomfortable, scary, or harassing atmosphere for one or more employees.