Answer the Following Questions Using the Information Below:
Uninder Company

question 115

Multiple Choice

Answer the following questions using the information below:
Uninder Company uses the high-low method to estimate the cost function. The information for 2015 is provided below:
$\begin{array}{lll}&\text { Machine-hours } & \text { Labor Costs }\\\text { Highest observation of cost driver } & 550 & \$ 22,000 \\\text { Lowest observation of cost driver } & 250 & \$ 13,000\end{array}$
-What is the constant for the estimated cost equation?

• A) $5,500
• B) $13,000
• C) $16,500
• D) $22,000

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Definitions:

Leaves

The green, photosynthetic organs of plants and trees, primarily responsible for the absorption of light energy and carbon dioxide to produce oxygen and glucose through photosynthesis.

Stems

The main structural axes of plants, responsible for supporting leaves, flowers, and fruits and for transporting fluids between them.

F.C. Steward

A botanist known for his pioneering work in plant physiology and tissue culture techniques.

Plant Physiologist

A scientist who studies the physical and chemical functions of plants, including how plants respond to their environment.