The Following Data Pertain to Activity and Utilities Costs for Two

question 96

Multiple Choice

The following data pertain to activity and utilities costs for two recent years:

Using the high-low method,what is the cost formula for utilities?

• A) $1.20 per unit.
• B) $1.50 per unit.
• C) $3,000 plus $3.00 per unit.
• D) $4,500 plus $0.75 per unit.

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Definitions:

Intuitive Thought

A form of thinking that relies on a direct and immediate understanding or perception of situations, independent of conscious reasoning processes.

Secondary Circular Reactions

A stage in Piaget's theory of cognitive development where infants from 4 to 8 months discover and repeat actions by chance through their own bodies.

Internalization

The process by which individuals incorporate external standards, values, and norms into their own belief system, making those external influences a part of their internal psyche.

Core Knowledge Approach

A theory in cognitive development suggesting that infants have innate, domain-specific knowledge systems that enable early understanding of key aspects of the world.