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

Quantum 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 800 $26,000 Lowest observation of cost driver 200 $14,000 What is the estimated total cost when 250 machine - hours are used? O A $17,500 OB. $8,125 OC. $15,000 OD. $22,125

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