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Taunton Company Uses the High-Low Method to Estimate Its Cost

Question 190

Multiple Choice

Taunton Company uses the high-low method to estimate its cost function.The information for 2017 is provided below:
Taunton Company uses the high-low method to estimate its cost function.The information for 2017 is provided below: What is the estimated cost function for the above data? A) y = 332,000 + 83X B) y = 312,000 + 104X C) y = 252,000 + 20.00X D) y = 92.00X
What is the estimated cost function for the above data?


A) y = 332,000 + 83X
B) y = 312,000 + 104X
C) y = 252,000 + 20.00X
D) y = 92.00X

Correct Answer:

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