Answer the Following Questions Using the Information Below:
the Yeppoon

question 82

Multiple Choice

Answer the following questions using the information below:
The Yeppoon Company uses the high-low method to estimate its cost function.The information for 2018 is provided below:
$$\begin{array} { l c c } & \text { Machine-hours } & \text { Costs } \\\text { Highest observation of cost driver } & 2000 & \$ 225000 \\\text { Lowest observation of cost driver } & 1000 & \$ 125000\end{array}$$
-What is the constant for the estimating cost equation?

• A)$0
• B)$225 000
• C)$25 000
• D)$125 000

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Definitions:

Supply Chain Profits

The total earnings generated from all activities and stages involved in the production and distribution of a company's products, from raw materials to final delivery.

Planning

The process of making strategic decisions and setting goals and objectives to achieve desired outcomes in the future.

Profit Division

The method by which revenue after costs is distributed among various stakeholders or divisions within an organization.

Production Processes

The sequence of operations or steps involved in manufacturing a product or delivering a service, from raw material to final product.