If the Controller Uses the High-Low Method to Estimate Costs,the $\times$

question 55

Multiple Choice

If the controller uses the high-low method to estimate costs,the cost equation for administrative salaries is:

• A)Cost = $96,409.42 + $103.56 \(\times\) Credit-hours.
• B)Cost = $69,474.40 + $114 30 \(\times\) Credit-hours.
• C)Cost = $201.21 \(\times\) Credit-hours.
• D)Cost = $198,808.

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