Question: choice question. Each question is worth 2 marks. (Total 30 marks) 1. Uninder Company uses the high-low method to estimate the cost function. The information

choice question. Each question is worth 2 marks. (Total 30 marks)

choice question. Each question is worth 2 marks. (Total 30 marks) 1. Uninder Company uses the high-low method to estimate the cost function. The information for 2019 is provided below: Machine-hours Labor Costs Highest observation of cost driver 475 $22,000 Lowest observation of cost driver 250 $13,000 What is the slope coefficient? A. $52.00 B. $43.75 C. $30.00 D. $40.00 E.$32.00

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