Answer the Following Questions Using the Information Below:
the Tamworth

Multiple Choice

Answer the following questions using the information below:
The Tamworth Company uses the high-low method to estimate the cost function.The information for 2018 is provided below:
$$\begin{array} { l c c } & \text { Machine-hours } & \text { Labour Costs } \\\text { Highest observation of cost driver } & 800 & \$ 20000 \\\text { Lowest observation of cost driver } & 480 & \$ 13600\end{array}$$
-What is the slope coefficient per machine-hour?

A) $28.33
B) $25.00
C) $20.00
D) $0.05