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

question 157

Multiple Choice

Using the high-low method and the information below,compute the variable cost per telephone hour for PSA Corporation.

• A)$10.00
• B)$40.00
• C)$26.91
• D)$45.00

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Definitions:

Normally Distributed

A description of dataset that follows a normal distribution, with most observations clustering around the mean and symmetrical tails.

Mean Value

The average of a set of numbers, calculated by dividing the sum of all values by the number of values.

Promotional Campaigns

Marketing strategies designed to increase awareness, interest, and sales of a product or service through various communication means.

Gross Sales

The total unadjusted income a company generates from sales before any deductions are made.