Machine Master,Inc

question 185

Multiple Choice

Machine Master,Inc.had the following data regarding monthly power costs:

• A)$700
• B)$705
• C)$710
• D)$1,320

Month	Machine hours	Power cost
Jan	300	$680
Feb	600	720
Mar	400	695
Apr	200	640

Assume that management expects 500 machine hours in May.Using the high-low method,calculate May's power cost using machine hours as the basis for prediction.

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Definitions:

Chain Of Command

The formal line of authority, communication, and responsibility within an organization, usually depicted as a hierarchy from top to bottom.

Supervisors

Individuals within an organization responsible for overseeing the work of employees and ensuring tasks and goals are achieved.

Utilitarian Rule

A principle that dictates choosing actions that maximize happiness or benefit to the greatest number of people.

Greatest Good

A principle suggesting that actions should be evaluated based on their ability to produce the maximum amount of happiness or benefit for the greatest number of people.