Multiple Choice
Answer the following questions using the information below:
Presented below are the production data for the first six months of the year for the mixed costs incurred by Gallup Company.
Gallup Company uses the high-low method to analyze mixed costs.
-How would the cost function be stated?
A) y = $440 + $1.12X
B) y = $3,562.30 + $0.144X
C) y = $107.20 + $1.12
D) y = $7,850 + $0.132X
Correct Answer:

Verified
Correct Answer:
Verified
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