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The Following Data Has Been Assembled for Tiger Company

Question 20

Multiple Choice

The following data has been assembled for Tiger Company.Use the high-low method. The following data has been assembled for Tiger Company.Use the high-low method. The cost function is ________ where Y = Total cost and X = Number of hours. A) Y = $3,600 + $10.40X B) Y = $10,112 + $8.64X C) Y = $21,360 + $1.52X D) Y = $26,672 + $1.84X The cost function is ________ where Y = Total cost and X = Number of hours.


A) Y = $3,600 + $10.40X
B) Y = $10,112 + $8.64X
C) Y = $21,360 + $1.52X
D) Y = $26,672 + $1.84X

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