A shared vision provides a starting point for cultural and organizational transition

The fundamental qualitative characteristics of accounting information are relevance and reliability

Indicate whether the statement is true or false

You have calculated, using the high-low method, a variable cost per machine hour of $0.80 for your production power costs. Power costs at 6,000 machine hours are $5,400; at 9,000 machine hours, they are $7,800. What are the total fixed costs that you would use to estimate production power costs for your company at any level within your relevant range?

A) $600 B) $6,400 C) $2,400 D) $4,800