Question: show step by step solution QUESTIONS Below are the production and sales data for the first six months of the year for the mixed Cost
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QUESTIONS Below are the production and sales data for the first six months of the year for the mixed Cost of Goods Sold incurred by Gallup Company Cost of Goods Production Volume (k Sales Volume ik Month Sold ($) units) units) January $390 35 31 February $400 25 28 March $650 50 53 April S600 88 60 May 5460 47 65 5740 48 50 June Gallup Company uses the high-low method to analyze the COGS How would the cost function be stated? Hint: What is the cost driver of Cost of Goods Sold Production Volume or Sale Volume? O AY $260 + $5X Os y-53625+$15X OCy=580-510X O D. indeterminable
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