+1835 731 5494 Email: instantessays65@gmail.com

# What is the constant for the estimated cost equation

\$12.99

What is the constant for the estimated cost equation Answer the following questions using the information below: Uninder Company uses the high-low method to estimate the cost function. The information for 2015 is provided below: Machine-hours Labor Costs Highest observation of cost driver 550 \$22,000 Lowest observation of cost driver 250 \$ 13,000 1) What is the slope coefficient? A) \$52.00 B) \$43.75 C) \$30.00 D) \$40.00 2) What is the constant for the estimated cost equation? A) \$5,500 B) \$13,000 C) \$16,500 D) \$22,000 3) What is the estimated cost function for the above data? A) y = 13,000 + 43.75X B) y = 5,500 + 30X C) y = 22,000 + 40X D) y = 16,500 + 52X 4) What is the estimated total cost when 400 machine-hours are used? A) \$20,800 B) \$29,000 C) \$16,000 D) \$17,500 Business Management Assignment Help, Business Management Homework help, Business Management Study Help, Business Management Course Help

## Reviews

There are no reviews yet.