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Question 2 (1 point) The Atlanta Company has assembled the following data pertaining to certain costs that cannot be easily identified as either fixed or
Question 2 (1 point) The Atlanta Company has assembled the following data pertaining to certain costs that cannot be easily identified as either fixed or variable. Atlanta Company has heard about a method of measuring cost functions called the high-low method and has decided to use it in this situation. Cost $24,000 $26,100 $34,700 $48,000 $38,300 Hours 5,000 6,300 7,900 11,000 9,250 What is the cost function? y = $4,000+ $4.00x O y = $48,000 + $4.80X y = $24,000+ $4.36X Oy = $34,700 + $4.80X
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