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41. Sterling Glass Company uses the high-low method to analyze mixed costs. The following information relates to the production data for the first six months
41.
Sterling Glass Company uses the high-low method to analyze mixed costs. The following information relates to the production data for the first six months of the year. Month January February March April May June Cost $ 4,515 $ 4,825 $ 5,540 $ 4,485 $ 5,685 $ 5,230 Hours 300 400 550 200 800 500 How should the cost function be properly stated? O Y = $4,085 + $2.00H. O Y = $5,260 + $2.50H. O Y = $3,890 + $2.00H. O Y = $2,025 + $2.50HStep by Step Solution
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