Using the High-Low Method and the Information Below,compute the Monthly

question 140

Multiple Choice

Using the high-low method and the information below,compute the monthly variable cost per telephone hour for SKP Corporation. $$\begin{array} { l c c } \text { Month } & \text { TelephoneHours Used } & \text { Telephone Expenses } \\\text { April } & 100 & \$ 4,500 \\\text { May } & 110 & 4,800 \\\text { June } & 150 & 5,400\end{array}$$

• A) $18.00
• B) $36.00
• C) $34.64
• D) $45.00

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