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Question 12

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Use the information below to answer the following question(s) .
The Barnett Company has assembled the following data pertaining to certain costs that cannot be easily identified as either fixed or variable. Barnett Company has heard about a method of measuring cost functions called the high-low method and has decided to use it in this situation.
Use the information below to answer the following question(s) . The Barnett Company has assembled the following data pertaining to certain costs that cannot be easily identified as either fixed or variable. Barnett Company has heard about a method of measuring cost functions called the high-low method and has decided to use it in this situation. ‪   -What is the cost function derived from using the high-low method? A)  y = $43,191 + $0.19x B)  y = $4,875 + $4.28x C)  y = $41,900 + $0.23x D)  y = $2,430 + $4.28x E)  y = -$4,875 + $5.25x
-What is the cost function derived from using the high-low method?


A) y = $43,191 + $0.19x
B) y = $4,875 + $4.28x
C) y = $41,900 + $0.23x
D) y = $2,430 + $4.28x
E) y = -$4,875 + $5.25x

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