Taunton Company Uses the High-Low Method to Estimate Its Cost

question 145

Multiple Choice

Taunton Company uses the high-low method to estimate its cost function. The information for 2017 is provided below:

What is the estimated cost function for the above data?

• A) y = 332,000 + 83X
• B) y = 312,000 + 104X
• C) y = 252,000 + 20.00X
• D) y = 92.00X

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