Quantum Company uses the high - low method to estimate the cost function. The information for 2020 is provided below: Machine - hours Labor Costs Highest observation of cost driver 500 $25,000 Lowest observation of cost driver 100 $11,000 What is the estimated cost function for the above data? O A. y = 17,500 + 110X O B. y = 25,000 + 50X O C. y = 7,500 + 35X O D. y = 11,000 + 60XFor Heavy Manufacturing Company, labor - hours are 30,000 and wages $148,000 at the high point of the relevant range, and labor - hours are 30,000 and wages $108,000 at the low point of the relevant range. What is the estimated total labor costs at Heavy Manufacturing Company when 11,500 labor - hours are used? O A. $71,000 O B. $34.040 O C. $41,400 O D. $36,800Quantum Company uses the high - low method to estimate the cost function. The information for 2020 is provided belo Machine - hours Labor Costs Highest observation of cost driver 800 $36,000 Lowest observation of cost driver 400 $26,000 What is the estimated total cost when 700 machine - hours are used? O A. $42,000 O B. $41,000 O C. $45,500 O D. $68,000Presented below are the production data for the first six months of the year for the mixed costs incurred by Venus Company. Month Cost Units January $5,340 4,100 February 34,620 3,300 March 36,780 5,410 April $11, 160 9,300 May $5,900 5,010 June $7.300 6,620 Venus Company uses the high - low method to analyze mixed costs. How would the cost function be stated? O A. y = $3,770 + $1.09X O B. y = $6.540 + 31.40X O C. y = $11,160 + $1.20X O D. y = $1.023 + $1.09XM & G TV and Appliance Store is a small company that has hired you to perform some management advisory services. The following information pertains to 2020 operations. Sales (1,500 televisions) $1.500,000 Cost of goods sold 555,000 Store manager's salary per year 120,000 Operating costs per year 210,000 Advertising and promotion per year 18,000 Commissions (2.8% of sales) 42,000 What was the variable cost per unit sold for 2020? - - - O A. 5630 O B. $398 O C. $370 O D. $28