Use the Information Below to Answer the Following Question(s)

question 105

Multiple Choice

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 total cost at an operating level of 2,850 hours would be

• A)$19,210.
• B)$11,763.
• C)$14,697.
• D)$11,212.
• E)$9,210.

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Definitions:

Monopoly

A situation in which there is only one individual or organization, without competitors, providing a particular good or service.

Bypassing

The act of avoiding or circumventing an obstacle or barrier, often used in the context of communication to describe misunderstandings that arise from the use of vague or ambiguous language.

Traditional Media

Forms of mass communication existing before the advent of digital media, including newspapers, magazines, radio, and television.

Antitrust

Laws and regulations designed to promote competition and prevent monopolies in the market.