A factory company has compiled the following data for the last six months of 2009 to analyze utility cost. Question: What is the cost formula for utility expense?

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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A factory company has compiled the following data for the last six months of 2009 to analyze utility cost. Question: What is the cost formula for utility expense?
Employment
Jennifer
Machine Hours
Utility Cost
32650
5500
Santa
33000
5100
Lea
32050
4070
Merico
31000
4900
Stevin
30500
48000
Carob
30000
4760
Transcribed Image Text:Employment Jennifer Machine Hours Utility Cost 32650 5500 Santa 33000 5100 Lea 32050 4070 Merico 31000 4900 Stevin 30500 48000 Carob 30000 4760
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