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Saved Georgia Meadows Company uses the high-low method to analyze production costs. The following information relates tot Month Cost(Y Hours(H) $10,792 $9,625 $11,950 $9,310 $9.450
Saved Georgia Meadows Company uses the high-low method to analyze production costs. The following information relates tot Month Cost(Y Hours(H) $10,792 $9,625 $11,950 $9,310 $9.450 January February 6,755 6,100 March 7,725 April May 5,850 5,725 June $10,943 6,900 How should the cost function be properly stated using the high-low method? Multiple Choice Y $2.994-$125H Y $2,844+$1.05H Y $2,294-$1.25H
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