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Quantum Company Uses the High-Low Method to Estimate the Cost

Question 162

Multiple Choice

Quantum Company uses the high-low method to estimate the cost function.The information for 2017 is provided below:
Quantum Company uses the high-low method to estimate the cost function.The information for 2017 is provided below: What is the estimated total cost when 450 machine-hours are used? A) $63,000 B) $32,000 C) $18,000 D) $23,625
What is the estimated total cost when 450 machine-hours are used?


A) $63,000
B) $32,000
C) $18,000
D) $23,625

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