True or False. Each organization or subcontractor responsible for a group or type of activities should always designate an inexp
1 answer:
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Answer:
Variable Cost per hour is $4.86
Explanation:
given data
Highest Cost = $27,049
Lowest Cost = $19,772
Highest Cost Driver = 4,168 hours
Lowest Cost Driver = 2,672 hours
solution
we get here Variable Cost per hour that is express as
Variable Cost per hour = (Highest Cost - Lowest Cost) ÷ (Highest Cost Driver - Lowest Cost Driver) ......................1
put here value and we get
Variable Cost per hour =
Variable Cost per hour =
Variable Cost per hour = 4.86
so Variable Cost per hour is $4.86