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:

Shocked

A sudden and intense emotional or physical reaction to an unexpected event or information.

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A broad term for any condition affecting the heart's function, which can range from congenital defects to acquired diseases like coronary artery disease.

Milgram's Study

An experiment focusing on the conflict between obedience to authority and personal conscience.

Shock

A sudden and often intense disturbance of the mind, emotions, or sensibility, typically resulting from an unexpected event or experience.