Utility Costs at One of Hannemann Corporation's Factories Are Listed

question 2

Essay

Utility costs at one of Hannemann Corporation's factories are listed below: Management believes that utility cost is a mixed cost that depends on machine-hours.

Required:
Estimate the variable cost per machine-hour and the fixed cost per month using the high-low method.Show your work!

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Definitions:

Operant Conditioning

A method of learning where a behavior's intensity is altered through the application of rewards or penalties.

Counterconditioning

A behavioral therapy technique that uses Pavlovian conditioning to replace bad or undesirable behaviors with more desirable ones.

Discrimination

Unfair or prejudiced treatment of different categories of people, especially on the grounds of race, age, or sex.

Sugary Foods

Edibles high in sugar content, often associated with negative health outcomes like weight gain and dental issues when consumed in excess.