Answer the Following Questions Using the Information Below:
Syosis Company

question 20

Multiple Choice

Answer the following questions using the information below:
Syosis Company uses the high-low method to estimate its cost function. The information for 2015 is provided below:
$\begin{array}{lll}&\text { Machine-hours }& \text { Costs }\\\text { Highest observation of cost driver } & 2,500 & \$ 300,000 \\\text { Lowest observation of cost driver } & 1,500 & \$ 220,000\end{array}$
-What is the slope coefficient?

• A) $120.00
• B) $147.00
• C) $80.00
• D) $130.00

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Definitions:

Organizational Artifacts

Physical and symbolic items that represent the culture, values, and practices of an organization.

Organizational Culture

The set of shared beliefs, values, norms, and practices that shapes the social and psychological environment of an organization.

Cultural Strength

The degree to which shared values, beliefs, and norms contribute to the social and psychological well-being of an organization.

External Environment

The conditions, entities, events, and factors surrounding an organization that influence its activities and choices but are beyond its control.