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Uninder Company uses the highminus low method to estimate the cost function. The information for 2015 is provided below: Machine - hours Labor Costs Highest

Uninder Company uses the highminus low method to estimate the cost function. The information for 2015 is provided below: Machine - hours Labor Costs Highest observation of cost driver 1 comma 000 $ 32 comma 000 Lowest observation of cost driver 200 $ 16 comma 000 What is the constant for the estimated cost equation?

A. $ 32 comma 000 B. $ 20 comma 000 C. $ 12 comma 000 D. $ 16 comma 000

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