The Following Data Pertains to Activity and Utility Cost for Two

question 271

Multiple Choice

The following data pertains to activity and utility cost for two recent periods: Utility cost is a mixed cost with both fixed and variable components. Using the high-low method, the cost formula for utility cost is: (Round your intermediate calculations to 2 decimal places.)

• A) Y = $1.65 X
• B) Y = $1.75 X
• C) Y = $3,750 + $1.75 X
• D) Y = $6,000 + $1.25 X

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