Answer the Following Questions Using the Information Below:
the Frontive

question 23

Multiple Choice

Answer the following questions using the information below:
The Frontive Company has assembled the following data pertaining to certain costs that cannot be easily identified as either fixed or variable. Frontive Company has heard about a method of measuring cost functions called the high-low method and has decided to use it in this situation.
$\begin{array}{rr}\text { Cost}&\text { Hours }\\\$ 24,700 & 5,000 \\26,000 & 5,500 \\34,000 & 7,500 \\45,370 & 10,300 \\38,000 & 9,500\end{array}$
-What is the cost function?

• A) y = $45,370 + $4.19X
• B) y = $24,700 + $4.40X
• C) y = $34,000 + $4.94X
• D) y = $5,200 + $3.90X

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Definitions:

Forty-Ninth Parallel

The latitude line that primarily forms the boundary between the United States and Canada, stretching from the Atlantic to the Pacific.

Oregon

A U.S. state located in the Pacific Northwest, renowned for its varied terrain that includes forests, mountains, agricultural lands, and urban areas.

Ethnic Groups

Collections of people who share common cultural characteristics, including language, traditions, and ancestry.

California

A state located on the west coast of the United States, known for its diverse geography, including beaches, forests, and deserts, as well as being a global hub for technology and entertainment industries.