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Use the Information Below to Answer the Following Question(s)

Question 45

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Use the information below to answer the following question(s) .
The Monroe Company uses the high-low method to estimate the cost function. The information for the current year is provided below.
Use the information below to answer the following question(s) . The Monroe Company uses the high-low method to estimate the cost function. The information for the current year is provided below.    -What is the constant for the estimating cost equation? A)  $2,080 B)  $2,960 C)  $3,970 D)  $4,000 E)  $8,000
-What is the constant for the estimating cost equation?


A) $2,080
B) $2,960
C) $3,970
D) $4,000
E) $8,000

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