Use the Following Information to Answer the Following QuestionsSwan, Inc

question 88

Multiple Choice

Use the following information to answer the following QuestionsSwan, Inc. uses the high-low method to analyze cost behavior. The company observed that at 22,000 machine hours of activity, total maintenance costs averaged $33.40 per hour. When activity jumped to 25,000 machine hours, which was still within the relevant range, the average total cost per machine hour was $30.40.
-On the basis of this information, what were total maintenance costs when Swan experienced 23,000 machine hours?

• A) $193,200.
• B) $550,000.
• C) $734,800.
• D) $743,200.
• E) $760,000.

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Definitions:

Hemoglobin

A protein in red blood cells responsible for transporting oxygen from the lungs to the rest of the body.

Mutation

A change in the DNA sequence within an organism's gene or chromosome, leading to diversity within species and populations.

Gene

A segment of DNA that serves as a unit of hereditary information; includes a transcribable DNA sequence (plus associated sequences regulating its transcription) that yields a protein or RNA product with a specific function.

Wobble Hypothesis

Describes the ability of some tRNA anticodons to associate with more than one mRNA codon; in these cases the 5' base of the anticodon is capable of forming hydrogen bonds with more than one kind of base in the 3' position of the codon.