Answer the following questions using the information below:
The Barnett Company has assembled the following data pertaining to certain costs that cannot be easily identified as either fixed or variable. Barnett Company has heard about a method of measuring cost functions called the high-low method and has decided to use it in this situation.

-What is the cost function?
A)y = $43,191 + $0.19X
B)y = $4,875 + $4.28X
C)y = $41,900 + $0.23X
D)y = $2,430 + $4.28X

Question

Answer the following questions using the information below:
The Barnett Company has assembled the following data pertaining to certain costs that cannot be easily identified as either fixed or variable. Barnett Company has heard about a method of measuring cost functions called the high-low method and has decided to use it in this situation.
 
-What is the cost function?
A)y = $43,191 + $0.19X 
B)y = $4,875 + $4.28X 
C)y = $41,900 + $0.23X 
D)y = $2,430 + $4.28X

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The Answer of Answer the following questions using the information below:
The Barnett Company has assembled the following data pertaining to certain costs that cannot be easily identified as either fixed or variable. Barnett Company has heard about a method of measuring cost functions called the high-low method and has decided to use it in this situation.
 
-What is the cost function?
A)y = $43,191 + $0.19X 
B)y = $4,875 + $4.28X 
C)y = $41,900 + $0.23X 
D)y = $2,430 + $4.28X

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