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Morrow Company uses the high-low method to estimate the cost function. The information for 2020 is provided below: Machine-hours Labor Costs Highest observation of cost

Morrow Company uses the high-low method to estimate the cost function. The information for 2020 is provided below:

Machine-hours Labor Costs

Highest observation of cost driver 900 $36,000

Lowest observation of cost driver 100 $14,000

What is the estimated total cost when 450 machine-hours are used?

A. 23,625

B.32,000

C. 18,000

D. 63,000

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