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Pertuit Company uses the high-low method to estimate the cost function. The information for 2019 is provided below: Machine Hours Labor Costs Highest observation of

Pertuit Company uses the high-low method to estimate the cost function. The information for 2019 is provided below: Machine Hours Labor Costs Highest observation of cost driver 800 $24,000 Lowest observation of cost driver 200 $12,000 What is the estimated cost function for the above data? Select one: A.y = 16,000 + 60.00X B. y 24,000 + 30.00X C. y. 8000 + 20.00X D.y - 12,000 + 36.00X

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