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Quantum Company uses the high-low method to estimate the cost function. The information for 2017 is provided below Machine - hours 900 Highest observation of

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Quantum Company uses the high-low method to estimate the cost function. The information for 2017 is provided below Machine - hours 900 Highest observation of cost driver Lowest observation of cost driver Labor Costs $36,000 $14,000 100 What is the constant for the estimated cost equation? O A. $24.750 O B. $11,250 O C. $36,000 OD. $14,000

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