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question 42

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Use the information below to answer the following question(s) .The Barnett Company has assembled the following data pertaining to certain costs that cannot be easily identified as either fixed or variable.Barnett Company has heard about a method of measuring cost functions called the high-low method and has decided to use it in this situation. Use the information below to answer the following question(s) .The Barnett Company has assembled the following data pertaining to certain costs that cannot be easily identified as either fixed or variable.Barnett Company has heard about a method of measuring cost functions called the high-low method and has decided to use it in this situation.   -What is the cost function derived from using the high-low method? A) y = $43,191 + $0.19x B) y = $4,875 + $4.28x C) y = $41,900 + $0.23x D) y = $2,430 + $4.28x E) y = -$4,875 + $5.25x
-What is the cost function derived from using the high-low method?


Definitions:

White Spaces

Unused broadcasting frequencies in the wireless spectrum, which can be leveraged for providing broadband and other types of wireless communication services.

MiFi

A portable broadband device that enables users to create a personal hotspot and connect several mobile devices to the internet wirelessly.

WiMAX

Worldwide Interoperability for Microwave Access, a wireless communication standard designed for providing broadband wireless access over long distances.

Cellular Networks

Wireless communication networks made up of cells, allowing mobile phones and other devices to connect to the internet and each other over large areas.

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