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If difference between costs linked to highest and lowest observation of...

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Costing
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If difference between costs linked to highest and lowest observation of cost driver is $36000 and observation of cost driver is 30 machine hours, then slope coefficient would be

Answer & Solution
Correct Answer: Option A
Slope coefficient = Difference between costs linked to highest and lowest observation of cost driver ÷ Observation of cost driver
= $36000 ÷ 30 = $1,200
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