Question: Quantum Company uses the high - low method to estimate the cost function. The information for 2017 is provided below: Highest observation of cost driver

Quantum Company uses the high - low method to estimate the

Quantum Company uses the high - low method to estimate the cost function. The information for 2017 is provided below: Highest observation of cost driver Lowest observation of cost driver Machine - hours 500 100 Labor Costs $25,000 $11,000 What is the estimated total cost when 300 machine - hours are used? O A. $33,000 OB. $15,000 OC. $18,000 O D. $26,000

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