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

question 94

Multiple Choice

Use the information below to answer the following question(s) .
The Monroe Company uses the high-low method to estimate the cost function. The information for the current year is provided below.

-What is the estimate of Monroe's labour cost when 200 machine hours are used?

• A) $1,840.00
• B) $1,997.50
• C) $2,280.00
• D) $3,680.00

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Definitions:

Tension

A psychological or emotional strain that results from demanding circumstances, often leading to feelings of anxiety or stress.

Ultimate

Representing the final or most significant version of something, or the fundamental principles underlying a concept.

Arousal Theory

A theory in psychology that suggests individuals are motivated to engage in behaviors that help them maintain an optimal level of physiological arousal.

Optimal Level

The most favorable or efficient level of functioning, performance, or operation.