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Use the information below to answer the following question(s) .The Skip Corporation has assembled the following data pertaining to certain costs which cannot be easily identified as either fixed or variable.Skip Corporation has heard about a method of measuring cost functions called the high-low method and has decided to use it in this situation.
-The cost function would be stated as
Peristaltic Contractions
Wave-like muscle contractions that occur in tubular structures of the body, such as the gastrointestinal tract, to move contents along.
Proteolytic Enzyme
An enzyme that breaks down proteins into smaller peptides or amino acids.
Chymotrypsin
Proteolytic enzyme formed in the small intestine from the pancreatic precursor chymotrypsinogen.
Ribonuclease
Enzyme that splits RNA into its component nucleotides.
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