How would the cost function be stated 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 Vertise Company. Month Cost Units January $4,890 4,100 February 4,426 3,520 March 6,730 5,200 April 9,724 8,250 May 5,900 4,900 June 7,336 6,600 Vertise Company uses the high-low method to analyze mixed costs. 1) How would the cost function be stated? A) y = $484 + $1.12X B) y = $5,298 + $1.19X C) y = $2,388 + $1.12 D) y = $7,850 + $1.18X 2) What is the estimated total cost at an operating level of 6,500 units? A) $7,752.44 B) $7,764.00 C) $7,280.00 D) $7,661.33 Business Management Assignment Help, Business Management Homework help, Business Management Study Help, Business Management Course Help
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