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The White Company has assembled the following data pertaining to certain costs that cannot be easily identified as either fixed or variable. White Company has
The White Company has assembled the following data pertaining to certain costs that cannot be easily identified as either fixed or variable. White Company has heard about a method of measuring cost functions called the highlow method and has decided to use it in this situation.
Cost Month January February March April May June $40,000 $36,060 $43,100 $51,400 $70,400 $61,900 Hours 3,670 3,000 3,550 5,080 6,400 4,250 How is the cost function stated? O A. y = $36,060 + $11.00% B. y = $70,400 + $10.10X O C. y = $34,340 + $12.02X OD. y = $5,760 + $10.10X Step by Step Solution
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