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The following information pertains to Joe Coffee Company's monthly activity and total costs: Volume of Activity Total Cost 550 units $5,200 600 units $5,500 750

The following information pertains to Joe Coffee Company's monthly activity and total costs:

Volume of Activity

Total Cost

550 units

$5,200

600 units

$5,500

750 units

$5,800

What would be the best equation for predicting total costs using the high-low method?

Select one:

A. Y = $3 + $1,500X

B. Y = $3,550 + $3X

C. Y = $3 + $2,100 X

D. Y = $2,250 + $3X

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