C-Drive Components Has Collected the Following Production Data for the Past

question 41

Multiple Choice

C-Drive Components has collected the following production data for the past four months: $$\begin{array} { c r } \text { Units produced } & \text { Total cost } \\\hline 7,000 & \$ 16,500 \\10,000 & 22,500 \\8,500 & 17,750 \\9,000 & 21,000\end{array}$$ If the high-low method is used, what is the monthly total cost equation?

• A) Total cost = $2,500 + ($2.00 × units produced)
• B) Total cost = $3,750 + ($2.75 × units produced)
• C) Total cost = $1,500 + ($2.00 × units produced)
• D) Total cost = $500 + ($2.25 × units produced)

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Definitions:

Stereotype

A fixed and oversimplified image or idea of a particular type of person or thing, often based on limited information or false assumptions.

Symbolic Self-Completion

The theory that individuals seek to acquire and display symbols that are associated with their personal goals and identity.

Ego Representation

The aspect of an individual's self-concept that reflects their conscience and the ethical part of personality, guiding behavior through moral judgments.

Low Self-Esteem

A condition characterized by a person's lack of confidence and feeling of not being good enough or valuable.