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IIA-CIA-PART3 · Question #281

A new clerk in the managerial accounting department applied the high-low method and computed the difference between the high and low levels of maintenance costs. Which type of maintenance costs did…

The correct answer is C. Mixed maintenance costs. You've hit your session limit · resets 10:20pm (America/New_York)

Question

A new clerk in the managerial accounting department applied the high-low method and computed the difference between the high and low levels of maintenance costs. Which type of maintenance costs did the clerk determine?

Options

  • AFixed maintenance costs.
  • BVariable maintenance costs.
  • CMixed maintenance costs.
  • DIndirect maintenance costs.

How the community answered

(25 responses)
  • A
    8% (2)
  • B
    4% (1)
  • C
    80% (20)
  • D
    8% (2)

Explanation

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