The Following Data Has Been Assembled for Mildred Company The Variable Cost Per Hour Is ________

question 102

Multiple Choice

The following data has been assembled for Mildred Company.Use the high-low method.
$\begin{array}{lll}\text { Month }&\text { Cost }&\text { Hours }\\\text { January } & \$ 18,000 & 2,000 \\\text { February } & \$ 39,000 & 3,500 \\\text { March } & \$ 39,280 & 3,450 \\\text { April } & \$ 43,400 & 3,200 \\\text { May } & \$ 40,000 & 4,000\end{array}$
The variable cost per hour is ________.

• A) $9.00
• B) $10.00
• C) $10.40
• D) $11.00

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Definitions:

Generalized Anxiety

A psychological disorder characterized by excessive, persistent, and unreasonable worry about everyday matters, often accompanied by physical symptoms.

Phobia

A phobia is an excessive and irrational fear response to a specific object, situation, or activity, often leading to avoidance behavior.

Obsessive-Compulsive

Pertaining to a psychological disorder characterized by unwanted repetitive thoughts (obsessions) and/or actions (compulsions).

Antisocial Personality

A disorder characterized by a long-term pattern of manipulating, exploiting, or violating the rights of others, without remorse.