Question: Day Mail Order Co. applied the high-low method of cost estimation to customer order data for the first four months of 2009. What is the

Day Mail Order Co. applied the high-low method of cost estimation to customer order data for the first four months of 2009. What is the estimated variable order filling cost component per order?

Month Orders Cost January 1,200 $ 3,120 February 1,300 3,185 March 1,800

Month Orders Cost January 1,200 $ 3,120 February 1,300 3,185 March 1,800 4,320 April 1,700 3.895 6.000 $14.520 a. $2.00 b. $2.42 c. $2.48 d. $2.50

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