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The Shapely Company uses the high-low method to determine its cost equation. The following information was gathered for the past year: Machine Hours Direct Labor

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The Shapely Company uses the high-low method to determine its cost equation. The following information was gathered for the past year: Machine Hours Direct Labor Costs Busiest month (June) 14,000 $200,000 Slowest month (December) 6,000 $120,000 What are the direct labor costs per machine hour? Select one: a. $20.00. O b. $10.00 O c. $14.29. O d. $16.00

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