Business, 18.12.2019 20:31, chyyy3

The connors company has assembled the following data pertaining to certain costs that cannot be easily identified as either fixed or variable. connors 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 $24,000 5,000 $26,100 6,300 $34,700 7,900 $48,000 11,000 $38,300 9,250 what is the cost function?

a. y = $4,000 + $4.00x.
b. y = $48,000 + $4.80x.
c. y = $34,700 + $4.80x.
d. y = $24,000 + $4.36x

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The connors company has assembled the following data pertaining to certain costs that cannot be easi...