Question: Cost Presented below are the production data for the first six months of the year for the total mixed costs incurred by Nevada Company. Month

Cost Presented below are the production data for the first six months of the year for the total mixed costs incurred by Nevada Company. Month Units January $4,890 4,100 February 4,024 3,200 March 6,480 5,300 April 8,840 7,500 May 5,800 4,800 June 7,336 6,600 Nevada Company uses the high-low method to analyse mixed costs, which of the following is the cost function which represents total costs. a. Y $112 + 4.40X b.Y- $440+ $1.12X C. Y= $400 + $1.00x d. Y = $340 + $0.90X

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