Presented below is the production data for six months showing the mixed costs incurred by Andrew Company. Andrew Company uses the high-low method to analyze mixed costs.The cost function is ________ where Y= Total Cost and X= Number of units.
A)Y = $440 + $1.12X
B)Y = $3,562 + $0.144X
C)Y = $107 + $1.416X
D)Y = $7,850 + $0.132X

Question

Presented below is the production data for six months showing the mixed costs incurred by Andrew Company.  Andrew Company uses the high-low method to analyze mixed costs.The cost function is ________ where Y= Total Cost and X= Number of units.
A)Y = $440 + $1.12X 
B)Y = $3,562 + $0.144X 
C)Y = $107 + $1.416X 
D)Y = $7,850 + $0.132X

Quizplus · Accepted Answer

The Answer of Presented below is the production data for six months showing the mixed costs incurred by Andrew Company.  Andrew Company uses the high-low method to analyze mixed costs.The cost function is ________ where Y= Total Cost and X= Number of units.
A)Y = $440 + $1.12X 
B)Y = $3,562 + $0.144X 
C)Y = $107 + $1.416X 
D)Y = $7,850 + $0.132X

Presented Below Is the Production Data for Six Months Showing