Answer the Following Questions Using the Information Below:
Syosis Company

question 182

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 constant for the estimated cost equation?

• A) $220,000
• B) $300,000
• C) $100,000
• D) $0

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