If slope coefficient is 0.60 and difference in machine hours is 50000, then difference in cost can be
A. $68,700
B. $58,700
C. $30,000
D. $83,333.34
Answer: Option C
Solution (By Examveda Team)
Slope coefficient = Difference in costs ÷ Difference in machine hoursDifference in cost = Difference in machine hours × Slope coefficient
= 50000 × 0.60 = $30,000
If we divide 50000/.60 Answer will be D $83333.3 please correct it