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Largo Company's Highest and Lowest Monthly Costs During the Past

Question 4

Multiple Choice

Largo Company's highest and lowest monthly costs during the past year were $108,000 and $72,000,respectively.Activity levels were 5,000 hours and 3,000 hours,respectively.Determine Largo's cost formula.


A) Y=24.60(X) + 36,000
B) Y=21.60(X) + 0
C) Y=18(X) + 18,000
D) unable to determine from the information given

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