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If difference in costs is 7000 and difference in machine hours...

This question belongs to Commerce Costing
Costing
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If difference in costs is $7000 and difference in machine hours of is $18000, then slope coefficient would be

Answer & Solution
Correct Answer: Option B
Slope coefficient = Difference in costs ÷ Difference in machine hours
= $7000 ÷ $18000 = 0.39
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