Question: Presented below is the production data for the last six months of the year for the mixed costs incurred by Wagner Company. Month July August

Presented below is the production data for the last six months of the year for the mixed costs incurred by Wagner Company. Month July August September October November December O y = $2,200 + $2.80x. Oy $17,816 + $0.36x. Using the high-low method, the cost function would be stated as O y = $536 +$3.06x. Cost $24,450 20,120 32,400 44,200 29,000 36,680 y = $24,450 + $0.33x. Units 8,200 6,400 10,600 15,000 9,600 13,200 10000

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