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

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Taunton Company uses the high-low method to estimate its cost function. The information for 2017 is provided below. Machine-hours Costs Highest observation of cost driver 4,000 $332,000 Lowest observation of cost driver 3,000 $312,000 What is the estimated total cost when 1,900 machine-hours are used? a. $489,700 O b.$157,700 c. $509,600 d. $290,000

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