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Quantum Company Uses the High-Low Method to Estimate the Cost

Question 50

Multiple Choice

Quantum Company uses the high-low method to estimate the cost function. The information for 2017 is provided below:
Quantum Company uses the high-low method to estimate the cost function. The information for 2017 is provided below: What is the estimated cost function for the above data? A) y = 26,000 + 62.00X B) y = 6,000 + 50.00X C) y = 36,000 + 60.00X D) y = 30,000 + 65.00X
What is the estimated cost function for the above data?


A) y = 26,000 + 62.00X
B) y = 6,000 + 50.00X
C) y = 36,000 + 60.00X
D) y = 30,000 + 65.00X

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