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Question 124

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Answer the following questions using the information below:
The Ranger Company uses the high-low method to estimate it's cost function. The information for 2011 is provided below:
Answer the following questions using the information below: The Ranger Company uses the high-low method to estimate it's cost function. The information for 2011 is provided below:    -What is the constant for the estimating cost equation? A) $250,000 B) $450,000 C) $50,000 D) $0
-What is the constant for the estimating cost equation?


A) $250,000
B) $450,000
C) $50,000
D) $0

Correct Answer:

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