The Connors Company Has Assembled the Following Data Pertaining to Certain

question 119

Multiple Choice

The Connors Company has assembled the following data pertaining to certain costs that cannot be easily identified as either fixed or variable.Connors Company has heard about a method of measuring cost functions called the high-low method and has decided to use it in this situation.

What is the estimated total cost at an operating level of 9,000 hours?

• A)$34,200
• B)$38,200
• C)$41,400
• D)$37,800

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Definitions:

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Engaging in the process of founding businesses, assuming financial jeopardy with the anticipation of earning profits.

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Undertaking the initiative to create one or more businesses, accepting the monetary risks for the potential of making profit.

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Widely held but false beliefs or ideas, often used to explain natural phenomena or cultural practices.