Question: quantum company uses the high- low method to estimate the cost function Quantum Company uses the high-low method to estimate the cost function. The information

quantum company uses the high- low method to estimate the cost function

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 700 $28,000 Lowest observation of cost driver 300 $15,000 What is the slope coefficient? O A $43.00 OB. $40,00 C. $32.50 D. $50.00

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