Townsend, Inc. collected the following production data for the past month: If the high-low method is used, what is the monthly total cost equation?
A) Total cost = $4,400 + $11/unit
B) Total cost = $5,500 + $10/unit
C) Total cost = $0 + $15/unit
D) Total cost = $3,300 + $12/unit

Question

Townsend, Inc. collected the following production data for the past month:  If the high-low method is used, what is the monthly total cost equation?
A) Total cost = $4,400 + $11/unit 
B) Total cost = $5,500 + $10/unit 
C) Total cost = $0 + $15/unit 
D) Total cost = $3,300 + $12/unit

Quizplus · Accepted Answer

The Answer of Townsend, Inc. collected the following production data for the past month:  If the high-low method is used, what is the monthly total cost equation?
A) Total cost = $4,400 + $11/unit 
B) Total cost = $5,500 + $10/unit 
C) Total cost = $0 + $15/unit 
D) Total cost = $3,300 + $12/unit