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Q2 The following data were obtained from the accounting information system of ABC Corporation: Units Total Cost Month Produced January 60 SAR1,533.4 February 50 1,300

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Q2 The following data were obtained from the accounting information system of ABC Corporation: Units Total Cost Month Produced January 60 SAR1,533.4 February 50 1,300 March 80 2,000 April 30 833.5 a. Use the data for February and March and the two - point method to determine a cost function. b. Use the high-low method to determine a cost function. (2 Mark)

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