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 Green Box Company.
Green Box Company uses the high-low method to analyze mixed costs.
-How would the cost function be stated?
A) y = $3,562.30 + $0.144X
B) y = $107.20 + $1.12
C) y = $7,850 + $0.132X
D) y = $440 + $1.12X

Question

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 Green Box Company.
  Green Box Company uses the high-low method to analyze mixed costs.
-How would the cost function be stated?
A) y = $3,562.30 + $0.144X 
B) y = $107.20 + $1.12 
C) y = $7,850 + $0.132X 
D) y = $440 + $1.12X

Quizplus · Accepted Answer

The Answer of 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 Green Box Company.
  Green Box Company uses the high-low method to analyze mixed costs.
-How would the cost function be stated?
A) y = $3,562.30 + $0.144X 
B) y = $107.20 + $1.12 
C) y = $7,850 + $0.132X 
D) y = $440 + $1.12X

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