Question: JM Co. uses the high-low method to derive a total cost formula. Using a range of units produced from 4,600 to 7,000, and a range

JM Co. uses the high-low method to derive a total cost formula. Using a range of units produced from

4,600 to 7,000, and a range of total costs from $31,000 to $38,200, producing 1,700 units will cost JM:

A. 5,100

B. $11,457

C. $22,300

D.$ 28657

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