Unformatted text preview: she expects to use 300 gallons of water. She has the following information from the last three months to help her: Usage Cost 200 gallons $300 C 150 gallons $250 400 gallons $500 Using the hi-lo method what should she expect her bill to be? a. $100 b. $200 c. $400 d. $500 3: Carter is currently selling her product for $150 and has a 30% contribution margin ratio. If she also has a total of $450,000 of fixed costs then her break even point in units is closest to: B a.4,286 b.10,000 c. $10,000 d.$4,286...
View Full Document
This note was uploaded on 07/02/2011 for the course ACCT 226 taught by Professor Smith during the Spring '10 term at South Carolina.
- Spring '10
- Financial Accounting