What is the estimated total cost at an operating level Answer the following questions using the information below: The Frontive Company has assembled the following data pertaining to certain costs that cannot be easily identified as either fixed or variable. Frontive Company has heard about a method of measuring cost functions called the high-low method and has decided to use it in this situation. Cost Hours $24,700 5,000 26,000 5,500 34,000 7,500 45,370 10,300 38,000 9,500 1) What is the cost function? A) y = $45,370 + $4.19X B) y = $24,700 + $4.40X C) y = $34,000 + $4.94X D) y = $5,200 + $3.90X 2) What is the estimated total cost at an operating level of 9,000 hours? A) $35,100 B) $40,300 C) $44,460 D) $39,644 Business Management Assignment Help, Business Management Homework help, Business Management Study Help, Business Management Course Help
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