Answer the Following Questions Using the Information Below:
Syosis Company

Multiple Choice

Answer the following questions using the information below:
Syosis Company uses the high-low method to estimate its cost function. The information for 2015 is provided below:
$\begin{array}{lll}&\text { Machine-hours }& \text { Costs }\\\text { Highest observation of cost driver } & 2,500 & \$ 300,000 \\\text { Lowest observation of cost driver } & 1,500 & \$ 220,000\end{array}$
-What is the estimated cost function for the above data?

A) y = 300,000 +120X
B) y = 220,000 +147X
C) y = 100,000 +80X
D) y = 130X