Microdash Company Uses the High-Low Method to Analyze Mixed Costs

question 46

Multiple Choice

Microdash Company uses the high-low method to analyze mixed costs.The following information relates to the production data for the first six months of the year.
What is the estimated total cost at an operating level of 8,000 hours?

• A)$9,500.
• B)$9,835.
• C)$10,135.
• D)$10,075. Total cost = $875 + (8,000 x $1.15)= $10,075

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Definitions:

Collective Efficacy

The shared belief in a group’s capabilities to organize and execute the courses of action required to achieve given levels of attainment.

Task Cohesion

The degree to which group members work together in a coordinated and cooperative manner toward a common goal.

Collective Emotions

Emotions that are shared or experienced by a group of people, which often emerge during significant social events or movements.

Collective Rituals

Shared ceremonies or practices performed by a group, often with symbolic importance, that reinforce group identity and cohesion.