The Following Information Is Available for a Company's Utility Cost

question 223

Multiple Choice

The following information is available for a company's utility cost for operating its machines over the last four months. Using the high-low method, the estimated total fixed cost for utilities is:

• A) $1,500.
• B) $3,600.
• C) $6,000.
• D) $3,300.
• E) $2,100.

---

Definitions:

Attraction

A force or factor that draws individuals together, leading to friendships, romantic relationships, or other forms of social interaction.

Long Flight of Stairs

Typically, a phrase denoting a daunting or challenging task, reflecting the physical effort required to ascend a particularly lengthy set of stairs.

Schachter and Singer

Psychologists known for their Two-Factor Theory of Emotion, proposing that emotion is based on physiological arousal and cognitive labeling of that arousal.

Two-factor Theory of Emotion

A psychological theory suggesting that an emotion is determined by a cognitive appraisal of a physiological arousal and the environmental context in which it occurs.