The Wildcat Company has provided the following information for the factory overhead cost pool:
Required:
Using the high-low method and the information provided above,
a.identify the linear cost function equation and
b.estimate the total cost at 36,000 units of output.
Definitions:
Financial Incentives
Monetary benefits used to motivate specific behaviors or actions among employees, customers, or other stakeholders, typically aiming at increasing sales, productivity, or engagement.
Customer Relationships
The interactions and engagements a company has with its customers, with the aim of improving loyalty and satisfaction.
Business Markets
Commercial sectors that involve transactions between businesses rather than between a business and a consumer.
Consumer Markets
markets consisting of individuals or households that purchase goods and services for personal consumption.
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