Question: Ladder Company wants to develop a cost - estimating equation for its monthly cost of electricity. It has the following day table [ [

Ladder Company wants to develop a cost-estimating equation for its monthly cost of electricity. It has the following day
\table[[Month,Cost of Electricity,Direct Labor Hours],[February,$8,100,750],[May,9,000,850],[August,10,200,1,000],[November,8,700,800]]
Using the high-low method, which of the following is the best equation?
a.Y=$2,400 $8,40x
b.Y=$1,800 $8,40x
c.Y=$900 $12.00x
d.y=$900 $8.40x
Ladder Company wants to develop a cost -

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