Taunton Company Uses the High-Low Method to Estimate Its Cost

question 190

Multiple Choice

Taunton Company uses the high-low method to estimate its cost function.The information for 2017 is provided below:

What is the estimated cost function for the above data?

• A)y = 332,000 + 83X
• B)y = 312,000 + 104X
• C)y = 252,000 + 20.00X
• D)y = 92.00X

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Definitions:

Dendritic Complexity

Dendritic complexity refers to the intricate branching pattern of dendrites, which increases the neuron's capacity to form connections with other neurons.

Myelination

The process of forming a myelin sheath around a nerve to improve the speed of electrical impulses.

Glial Cells

Non-neuronal cells in the nervous system that provide structural support, protection, and nutrition to neurons.

Myelination

The process of forming a myelin sheath around the axons of neurons, which insulates and increases the speed of electrical impulses as they travel between brain cells.