Mr Quik Printers
Mr -Using the High/low Method,what Is the Overhead Cost Equation?
A)

question 92

Multiple Choice

Mr. Quik Printers
Mr. Quik Printers documented the number of copies it made for customers as well as total overhead costs for the past five months as follows:
$$\begin{array} { l c c } & \text { Number of copies } & \text { Total overhead costs } \\\hline \text { October } & 230000 & \$ 7400 \\\text { November } & 240000 & 7500 \\\text { December } & 280000 & 8000 \\\text { January } & 265000 & 7700 \\\text { February } & 248000 & 7550\end{array}$$
-Using the high/low method,what is the overhead cost equation?

• A) Y = $400 + $.030x
• B) Y = $4640 + $.012x
• C) Y = $7630 + $.001x
• D) Y = $5566 + $.008x

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